The paralysis in the Argentine ports, the lower forecasts for corn-sown areas in the U.S., and the record processing of soybeans shaped the diverse closing of the grain markets on Thursday.
원본 콘텐츠
Key market factors Wheat was the undisputed leader on Thursday, with Chicago SRW futures closing with a rise of 12 to 15 cents, and KC HRW rising by 14 to 15 cents. March ’26 CBOT wheat closed at $5.59 1/2, up 12 1/2 cents for the day. The growth was supported by the strike at the Argentine ports, the short-term supply risk, and positioning before Friday's export sales report. The 48-hour strike by maritime workers in Argentina halted grain shipments from Rosario – one of the largest agricultural export hubs in the world. The delay in loading and restrictions on ship departures due to the grounding led to a short-term tightening of supply in the global wheat and soybean meal markets, which increased the competitiveness of the US. The USDA published its preliminary estimates for 2026 within the Ag Outlook Forum, with wheat acreage estimated at 45 million acres, and production at 1.860 billion bushels at a yield of 50.8 bushels per acre. Although the forecasts were not strongly ...