Jack Scoville
Jack Scoville is an often quoted market analyst in the grain and soft commodities sectors. You will find his commentary throughout the Reuters, Wall Street Journal, Dow Jones, Bloomberg, and Barron's publications. Contact Mr. Scoville at (312) 264-4322
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Grains Report 05/27/2026
DJ USDA Grain Inspections for Export in Metric Tons – May 26
WA_GR101
Washington, DC Tue May 26, 2026 USDA Market News
COUNTRY OF DESTINATION IS REPORTED AS KNOWN AT THE TIME OF EXPORTATION.
INFORMATION CONTAINED IN THIS REPORT REFLECTS EXPORTED GRAIN INSPECTED
AND WEIGHED THROUGH THE AUTHORITY UNDER THE U.S. GRAIN STANDARDS ACT.
NO ADDITIONAL ANALYSIS, COMPILATIONS OR DATA IS AVAILABLE
GRAINS INSPECTED AND/OR WEIGHED FOR EXPORT
REPORTED IN WEEK ENDING MAY 21, 2026
— METRIC TONS —
————————————————————————-
CURRENT PREVIOUS
———– WEEK ENDING ———- MARKET YEAR MARKET YEAR
GRAIN 05/21/2026 05/14/2026 05/22/2025 TO DATE TO DATE
BARLEY 0 0 0 7,145 10,307
CORN 1,581,717 1,399,628 1,419,437 60,179,101 47,004,055
FLAXSEED 0 0 24 824 480
MIXED 0 0 0 0 122
OATS 0 0 0 5,785 946
RYE 0 0 0 0 0
SORGHUM 3,109 141,397 52,470 3,877,247 1,787,854
SOYBEANS 571,620 570,564 200,022 35,135,489 44,366,660
SUNFLOWER 0 0 0 40 0
WHEAT 368,455 236,358 562,969 23,479,616 21,313,045
Total 2,524,901 2,347,947 2,234,922 122,685,247 114,483,469
CROP MARKETING YEARS BEGIN JUNE 1 FOR WHEAT, RYE, OATS, BARLEY AND
FLAXSEED; SEPTEMBER 1 FOR CORN, SORGHUM, SOYBEANS AND SUNFLOWER SEEDS.
INCLUDES WATERWAY SHIPMENTS TO CANADA
WHEAT
General Comments: Wheat closed l\ower in both markets yesterday on forecasts and reports for improving weather in Wheat areas and as the stalemate continues in the Iran war. The crop condition ratings are now the lowest in over 30 years in HRW areas and have provided some support for prices in KC. USDA showed deteriorating crop conditions last week. Conditions are too dry in much of the US Great Plains but have been improving with scattered showers now appearing in the region. Conditions are good in the US Midwest and in much of Europe but Russia has been too cols. The weather is now featuring precipitation for parts of the Midwest along with variable temperatures. The strait of Hormuz remains closed.
Overnight News:
Chart Analysis: Trends in Chicago are mixed. Support is at 631, 628, and 606 July, with resistance at 661, 679, and 688 July. Trends in Kansas City are mixed to up. Support is at 664, 649, and 641 July, with resistance at 688, 722, and 750 July. Trends in Minneapolis are not available.
RICE:
General Comments Rice closed higher again yesterday and at the highest level since last august in reaction to ideas of sharply reduced planted and harvested area in the US. Production was cut back mostly due to reduced planted and harvested area. Yields were actually held high in the USDA estimates. Traders anticipate less production this year in the US and around the world due to low prices. USDA said that Rice planted area would be about 12% less in the coming year. Planting and emergence are ahead of average and condition is rated high. Demand remains moderate for US Rice and export demand was improved last week.
Overnight News:
Chart Analysis: Trends are up. Support is at 1283, 1237, and 1215 July and resistance is at 1323, 1324, and 1333 July.
DJ USDA World Market Rice Prices – May 27
USDA today announced the prevailing world market prices
of milled and rough rice, adjusted for U.S. milling yields
and location, and the resulting marketing loan gain (MLG)
and loan deficiency payment LDP) rates. Source: USDA
—–World Price—– MLG/LDP Rate
Milled Value Rough Rough
($/cwt) ($/cwt) ($/cwt)
Long Grain 13.03 8.13 0.00
Medium/Short Grain 12.74 8.40 0.00
Brokens 9.22 —- —-
This week’s prevailing world market prices and MLG/LDP
rates are based on the following U.S. milling yields and
the corresponding loan rates:
U.S. Milling Yields Loan Rate
Whole/Broken ($/cwt)
(lbs/cwt)
Long Grain 49.06/18.81 6.88
Medium Grain/Short Grain 57.70/11.40 6.82
CORN AND OATS
General Comments: Corn was lower yesterday on strong planting and emergence progress in reports released by USDA and on forecasts for good growing conditions in the Midwest. Planting has been very active in all of the Midwest and is now over half done. It looks drier this week, but not completely dry. Temperatures in the Midwest should be variable for the next week. Conditions are called good in Argentina and big production is expected there. The export sales report was positive. Oats were higher and trends are turning up on the daily charts.
Overnight News:
Chart Analysis: Trends in Corn are mixed. Support is at 452, 449, and 446 July, and resistance is at 472, 481, and 484 July. Trends in Oats are mixed to up. Support is at 351, 339, and 330 July, and resistance is at 370, 377, and 387 July
SOYBEANS
General Comments: Soybeans and Soybean Meal were lower yesterday and Soybean Oil was higher on rapid planting progress shown by USDA and on forecasts for good conditions. Futures were also lower on the lack of news on China and Iran. Temperatures have been cool in the Midwest but planting is ahead of normal and temperatures will turn to near normal this week. Near normal temperatures are expected for the next week. There is talk that more Soybeans could be planted as Corn planting is more expensive. The big South American harvests are also weighing on prices. The tariff wars between the US and other countries add to cost of US Soybeans.
Overnight News:
Analysis: Trends in Soybeans are mixed. Support is at 1183, 1172, and 1168 July, and resistance is at 1208, 1220, and 1235 July. Trends in Soybean Meal are mixed. Support is at 326.00, 322.00, and 310.00 July, and resistance is at 335.00, 338.00,and 342.00 July. Trends in Soybean Oil are mixed. Support is at 7140, 6940, and 6690 July, with resistance at 7630, 7680, and 7740 July.
PALM OIL AND CANOLA
Questions? Ask Jack Scoville today at 312-264-4322General Comments: Palm Oil was closed today and Canola was higher in recovery trading yesterday.
Overnight News:
Chart Analysis: Trends in Canola are mixed. Support is at 736.00, 729.00, and 709.00 July, with resistance at 761.00, 769.00, and 772.00 July. Trends in Palm Oil are mixed. Support is at 4390, 4320, and 4270 August, with resistance at 4550, 4580, and 4680 August