Closing Comments September 21, 2026
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As of September 20, winter wheat planting was 17% complete vs. 8% last week and 21% average. Winter wheat emerged was at 2% vs. 4%
Last week’s wheat export shipments pace was estimated at 12.3 MB. After 16 weeks, wheat shipments were at 29% of USDA’s expectations vs. 36% last year. With 36
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The Sept COF report was bullish cattle as all categories came in below expectations. Two of the categories (Placements and Marketing) were at their lowest
To start the week, wheat opened the session higher in all three exchanges but slipped to trade mixed by the end of the night session.
Corn opened Monday’s session with small gains but faded to trade on the defense throughout the night session. Strength returned to corn once the day
