
Closing Comments August 07, 2026
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Wheat opened Monday’s session lower and proceeded to extend session losses throughout the night. Early selling was tied to improving weather conditions in the US.

To start the week corn opened lower and extended session losses throughout the night and into the start of the day session. Early selling was

In Monday’s session soybeans opened lower and added to the losses. The market finally got on the positive side midway through the day session and

The canola market was closed on Monday for Canadian provincial holidays. When the market reopened, canola gapped higher at the start of the overnight session

Cattle opened and closed the week under pressure but managed to post decent gains in the middle of the week. The cattle market seems to

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Last week’s wheat export sales pace was estimated at 10.9 MB. After 9 weeks, wheat sales were at 34% of USDA’s expectations vs. 42% last