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 08/11/2026
DJ USDA Grain Inspections for Export in Metric Tons – Aug 10
WA_GR101
Washington, DC Mon Aug 10, 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 AUG 06, 2026
— METRIC TONS —
————————————————————————-
CURRENT PREVIOUS
———– WEEK ENDING ———- MARKET YEAR MARKET YEAR
GRAIN 08/06/2026 07/30/2026 08/07/2025 TO DATE TO DATE
BARLEY 0 0 73 244 686
CORN 1,740,119 1,887,984 1,522,561 79,017,527 63,168,881
FLAXSEED 0 0 0 96 96
MIXED 0 0 0 0 122
OATS 0 0 499 998 2,095
RYE 0 0 0 0 0
SORGHUM 56,205 103,528 73,112 4,865,197 2,075,555
SOYBEANS 399,201 347,246 544,344 39,751,747 48,422,306
SUNFLOWER 0 0 0 40 0
WHEAT 421,277 338,754 414,865 3,331,536 4,416,270
Total 2,616,802 2,677,512 2,555,454 126,967,385 118,086,011
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
DJ CBOT Delivery Intentions: Totals – Aug 11
Source: CME Group
Contract Quantity Next Trade
Commodity Month Delivery Day Assigned Today Date Available
SOYBEAN OIL August Aug 12, 2026 12 Aug 03, 2026
SOYBEAN August Aug 12, 2026 4 Aug 05, 2026
WHEAT:
General Comments: Wheat was higher yesterday after reports of more war between Ukraine and Russia. The price action was also tied to reports of reduced exports despite increased tensions in the Black Sea with Ukrainian bombing keeping Russia unable to ship anything through the Azov Sea and world weather. The harvest has been interrupted by too much rain in Texas and harvest yield reports remain low The crop harvest is over 81% complete. Spring Wheat is being harvested and is rated 51% good to excellent. The harvest is underway. Conditions are good in the US Midwest, but Europe has been too hot. The weather is now featuring scattered showers for parts of the Midwest along with moderate temperatures after a got week last week. The Great Plains should stay hot and dry.
Overnight News:
Chart Analysis: Trends in Chicago are mixed. Support is at 626, 620, and 614 September, with resistance at 658, 670, and 686 September. Trends in Kansas City are mixed. Support is at 691, 679, and 659 September, with resistance at 755, 770, and 79 September. Trends in Minneapolis are not available
RICE:
General Comments Rice closed lower yesterday on sone long liquidation in part after wire reports of stronger prices in Asia and despite harvest pressure. Brazil prices are also strong on ideas of short production and El Nino fears for production on the next crop. USDA said that Rice planted and harvested area is estimated to be sharply lower this year, leading to much lower production and tighter ending stocks estimates. Condition was little changed from the previous week Harvest is active in most states. Demand remains moderate to poor for US Rice and was moderate to poor last week.
Overnight News:
Chart Analysis: Trends are mixed to up. Support is at 1340, 1393, and 1292 September and resistance is at 1444, 1456, and 1468 September
CORN AND OATS
General Comments: Corn was lower yesterday on reports of big rains in much of the Midwest. Northwest areas did especially benefit, and central areas of the Midwest were helped as the coverage area expanded. There is still too much hot and dry weather in the western and southern Midwest but moderating conditions in Europe The export sales report showed that demand was at the lower end of expectations. Ukraine and Russia are back at war again and shipping is very limited in both countries. It should be warm with showers in the northern Midwest this week but other areas should stay mostly dry. The crop conditions are unchanged from last week and below aa year ago. Dent is starting and progress is ahead of normal. Temperatures in the Midwest should be cooler this week. Oats were higher yesterday.
Overnight News:
Chart Analysis: Trends in Corn are mixed. Support is at 435, 427, and 421 September, and resistance is at 472, 478, and 484 September. Trends in Oats are down. Support is at 307, 300, and 294 September, and resistance is at 333, 349, and 347 September.
SOYBEANS
General Comments: Soybeans and Soybean Oil were higher yesterday on ideas of more Chinese demand and because of forecasts for rain in the northern half of the Midwest and into central areas. Soybean Meal was lower. Northwest areas could especially benefit. It is still mostly hot and dry in the southern Midwest. Rapid blooming and setting pods progress was shown by USDA this week and reports of good conditions continue. Condition is slightly lower than last week and below a year ago. Cooler temperatures and wet weather in northern areas are expected for the next week in the Midwest. Southern areas should stay hot and dry
Overnight News: China bought 136,000 tons of US Soybeans. Philippines bought 180,000 tons of US Soybean Meal.
Analysis: Trends in Soybeans are down. Support is at 1140, 1122 and 1110 September, and resistance is at 1197, 1210, and 1225 September. Trends in Soybean Meal are down. Support is at 305.00, 302.00, and 299.00 September, and resistance is at 320.00, 323.00,and 328.00 September. Trends in Soybean Oil are mixed. Support is at 6660, 6540, and 6440 September, with resistance at 7110, 7260, and 7290 September.
PALM OIL AND CANOLA
General Comments: Palm Oil was higher yesterday and higher again today. Canola was higher yest yesterday.
Overnight News
Chart Analysis: Trends in Canola are mixed. Support is at 750.00, 743.00, and 729.00 November, with resistance at 780.00, 800.00, and 815.00 November. Trends in Palm Oil are mixed. Support is at 4600, 4530, and 4400 October, with resistance at 4740, 4780, and 4820 October.
DJ Malaysian PM Cash Market Prices for Palm Oil – Aug 11
Questions? Ask Jack Scoville today at 312-264-4322The following are prices for Malaysian palm oil in the cash market at 1000 GMT Tuesday, supplied by commodity broker Matthes & Porton Bhd.
Prices are quoted in U.S. dollars a metric ton, except for crude palm oil and palm kernel oil, which are in ringgit a ton. Palm kernel oil prices are in ringgit a pikul, a Malaysian measurement equivalent to 60 kilograms.
Refined, bleached and deodorized palm oil, FOB, Malaysian ports
Offer Change Bid Change Traded
Aug 1147.50 00.00 Unquoted – –
Sep 1170.00 00.00 Unquoted – –
Oct/Nov/Dec 1200.00 +02.50 Unquoted – –
Jan/Feb/Mar 1230.00 +02.50 Unquoted – –
Apr/May/June 1232.50 00.00 Unquoted – –
RBD palm olein, FOB, Malaysian ports
Offer Change Bid Change Traded
Aug 1152.50 00.00 Unquoted – –
Sep 1175.00 00.00 Unquoted – –
Oct/Nov/Dec 1205.00 +02.50 Unquoted – –
Jan/Feb/Mar 1235.00 +02.50 Unquoted – –
Apr/May/Jun 1237.50 00.00 Unquoted – –
RBD palm stearin, FOB, Malaysian ports
Offer Change Bid Change Traded
Aug 1117.50 +05.00 Unquoted – –
Palm Fatty Acid Distillate, FOB Malaysian ports
Offer Change Bid Change Traded
Aug 1067.50 +05.00 Unquoted – –
Crude palm oil, Delivered Basis, South Malaysia
Offer Change Bid Change Traded
Aug 4,560.00 00.00 Unquoted – –
Palm kernel oil, Delivered Basis, South Malaysia
Offer Change Bid Change Traded
Aug 444.00 -01.00 Unquoted – –
($1=MYR4.0905)