Wheat

Soybean futures jumped to two-year highs after the USDA's first look at the 2026-27 U.S. supply and demand balance showed tighter-than-expected soybean stocks and stronger demand. The agency projected U.S. soybean ending stocks for 2026-27 at 310 million bushels , 30 million bushe...

Scouts on the hard red winter wheat tour reported a discouraging start to the fieldwork, with widespread drought stress and visible damage from recent freezes. “It's not a great picture. It's a very drought-stressed crop,” Aaron Harries of the Kansas Wheat Commission told Brownfield after the fir...

The Wheat Quality Council’s Hard Winter Wheat Tour will cross Kansas May 12–14 as the crop faces widespread moisture stress and an early-May freeze in the western third of the state. Participants will drive set routes to evaluate crop condition and measure potential yields across historic wheat a...

A High Plains grain elevator has asked the Surface Transportation Board to weigh in on two disputes that it says are blocking a lower-cost western outlet for wheat, sorghum and corn. Weskan Grain filed separate cases arguing that a short line railroad’s lease terms and freight levels are effectiv...

Drought is putting significant pressure on the U.S. winter wheat crop, with some fields reportedly turned to grazing in the hardest-hit Southern Plains. Traders and state analysts say crop ratings have slipped sharply in several areas, and the USDA's most recent Crop Progress Report shows <strong...

About 69% of the U.S. winter wheat production area is currently experiencing drought conditions, according to U.S. Wheat Associates, a development market analysts say is supporting higher futures. Dry conditions remain the principal market driver, U.S. Wheat market analyst Luke Muller wrote in hi...

U.S. winter wheat is sharply affected by dry weather this spring, with U.S. Wheat Associates estimating about 69% under drought across the nation’s winter wheat production area. Wheat futures have moved higher as traders weigh how ongoing dry conditions will affect yields and har...

Wheat futures pushed to fresh contract highs and the complex is trading with a wider risk premium as weather, fertilizer shortages and geopolitics tighten the outlook. Wheat above $7 is underpinning nearby grain markets, with dry forecasts in U.S. wheat areas and planting delays ...

Kansas State University economist Gregg Ibendahl warns that rising oil prices are already pushing key farm input costs higher, and could add significant expense for grain operations this year. Ibendahl estimated that a move to $90 per barrel of oil would add more than $1 per gallon at the pump an...

Wheat futures have rallied as spring weather and deteriorating condition ratings push a weather premium into the market, according to Darin Newsom, senior market analyst at Barchart. Traders point to repeated warm-up and freeze cycles this season and worsening drought across the Plains as the imm...