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Market Unrest Ripples Through Corn and Soybean Trade

Corn and soybean trade is walking a tightrope as weather changes and global conflict stir up uncertainty in the market. As per industry insiders Kenan Layden and Jim McCormick from AgMarket.Net, the stakes are high. 

The focus is on the corn yield, which Layden says is highly sensitive to heat stress, especially during pollination. McCormick underscores this concern, revealing that over half of the corn belt suffers from subsoil dryness. These factors put traders on a nervous footing. 

Meanwhile, soybeans show a remarkable ability to recover from stress if conditions improve, according to Layden. But with large areas of soybean ground suffering from dry subsoil, traders could act aggressively if weather conditions don't improve. 

Demand is a hot topic. With impacts from the Ukraine-Russia conflict, demand predictions may be inflated, potentially causing a rise in ending stocks despite yield or price changes. 

The recommendation for farmers is to track the market closely and protect their profitability. For soybeans, there's a chance for a rebound if weather conditions get better. But if not, there may be a rush to buy, causing a price surge. 

Source : wisconsinagconnection

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USDA took Trumps comments that China would buy more U.S. soybeans seriously and headline news that the U.S./China trade truce would be extended when Trump/Xi meet in the first week of April was a BIG WIN for soybeans this week! 2026 “Mini” U.S. ethanol boom thanks to 45Z + China’s ban of phosphates from Feb. – August of 2026 will not help lower fertilizer prices anytime soon! 30 mmt of Chinese corn harvest is of poor quality and maybe a technical breakout in wheat futures.

*Apologies! Where we talk about the latest CFTC update as of 10th Feb 2026, managed money funds covered their net short position in canola to the tune of +42,746 week-on-week to flip to net long 145 contracts and not (as we mistakenly said) +90,009 wk/wk to 47,408.