Political tensions, stormy weather, and logistical challenges are keeping the grain market busy. Ukraine and Russia are meeting today in Geneva to discuss an end to the war. However, Russia launched another major attack on Ukrainian energy infrastructure overnight. Relying too heavily on the export of agricultural goods is a risk due to current geopolitical developments, as evidenced by figures from France. In Brazil, farmers want to harvest soybeans but rain is causing problems.
Analysis|Published: Feb 13, 2026
Fundamentally not much has changed, but the sentiment in the US wheat market seems to have turned 180 degrees. Instead of looking for a new bottom, attention is directed upwards again. In Europe, traders are clearly more cautious. News from South America has also been more positive for the grain market.
Analysis|Published: Feb 12, 2026
Selling wheat is one thing, but getting it out of the country is a whole different problem for Ukrainian exporters. The Ukrainian farmers' union warns that while there are sales contracts in place, Russian attacks are preventing wheat from leaving the country. In Europe, wheat exports are slightly ahead of last season. There is some discussion among experts regarding the completeness of government data and statistics.
Analysis|Published: Feb 10, 2026
Concerns about frost damage in winter grains are easing a bit on the grain market now that the worst cold in both Europe and the US is temporarily behind us. Instead, there is more talk about the strong competition, especially in the wheat market. In Brazil, the soybean harvest is in full swing, and the threshing is ahead of last season. Rain in some important soybean provinces has temporarily halted the harvest train.
Analysis|Published: Feb 6, 2026
The rally in the soybean market continued in the last trading session. For now, the facts matter less. Market players want to believe that China will buy additional US soybeans. In the US, wheat and corn were lifted by the optimism surrounding soybeans. European wheat did not participate. A solid outlook for Russia’s wheat crop kept sentiment in check.
Analysis|Published: Feb 5, 2026
It has been quite calm with news from the White House. Trump changed that yesterday. A message from the American president about additional demand for soybeans from China caused quite a stir on the Chicago exchange. Corn and wheat saw little impact from the turmoil, although Trump also mentioned other agricultural products.
