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
Archives
September 2026 S M T W T F S 1 2 3 4 5 6 7 8 9 10 11 12 13 14 15 16 17 18 19 20 21 22 23 24 25 26 27 28 29 30 Translate





Grains Report 09/01/2026
DJ USDA Grain Inspections for Export in Metric Tons – Aug 31
WA_GR101
Washington, DC Mon Aug 31, 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 27, 2026
— METRIC TONS —
————————————————————————-
CURRENT PREVIOUS
———– WEEK ENDING ———- MARKET YEAR MARKET YEAR
GRAIN 08/27/2026 08/20/2026 08/28/2025 TO DATE TO DATE
BARLEY 0 0 1,534 244 3,432
CORN 1,496,034 1,322,594 1,409,720 83,805,596 66,968,828
FLAXSEED 0 0 0 96 144
MIXED 0 0 998 0 1,120
OATS 0 0 0 998 2,095
RYE 0 0 0 0 0
SORGHUM 48,376 979 65,862 4,915,724 2,225,784
SOYBEANS 250,801 430,079 491,966 40,744,315 49,810,744
SUNFLOWER 0 0 0 40 0
WHEAT 430,925 432,538 804,913 4,776,858 6,671,297
Total 2,226,136 2,186,190 2,774,993 134,243,871 125,683,444
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 – Sep 1
Source: CME Group
Contract Quantity Next Trade
Commodity Month Delivery Day Assigned Today Date Available
SOYBEAN MEAL September Sep 02, 2026 52 Aug 12, 2026
ROUGH RICE September Sep 02, 2026 336 Aug 31, 2026
CORN September Sep 02, 2026 187 Jul 24, 2026
KC HRW WHEAT September Sep 02, 2026 60 Aug 28, 2026
OATS September Sep 02, 2026 2 Aug 28, 2026
WHEAT September Sep 02, 2026 9 Jun 30, 2026
WHEAT:
General Comments: Wheat was lower in both markets yesterday as the Ukraine-Russia war continues and threatens any exports from the region. The president of Ukraine has said that his country and Russia would sit down soon to try to find a way for grains exports to resume from both countries, but Russia has so far rejected the idea Ukraine has hit infrastructure in Russia again by hitting a space facility and Russia has hit back. The Winter Wheat harvest is almost over. Spring Wheat is being harvested and is rated 51% good to excellent in reports released a week ago excellent. Conditions are mixed 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 to up. Support is at 728, 706, and 685 December, with resistance at 796, 808, and 820 December. Trends in Kansas City are mixed to up. Support is at 793, 743, and 747 December, with resistance at 856, 868, and 880 December. Trends in Minneapolis are not available
RICE:
General Comments Rice closed higher yesterday and near the highs for the move on reports of a very weak Indian monsoon that is threatening ag production including Rice. Brazil prices are strong on ideas of short production and El Nino fears for production on the next crop. Condition in the US was little changed from the previous week. Harvest is active in most states and is 27% complete. Demand remains moderate to poor for US Rice and was moderate last week. El Nino is threatening production in Asia and Indian prices remain high and are going higher, Trends are up on the daily charts and are up on the weekly charts,
Overnight News:
Chart Analysis: Trends are up. Support is at 1541, 1510, and 1465 November and resistance is at 1580, 1592, and 1804 November.
CORN AND OATS
General Comments: Corn was higher yesterday after a strong rally seen in response to the results of the Pro Farmer tour and ideas of more potential losses from stressful weather around the world but especially in Europe and Asia. There is still too much hot and dry weather in the western and southern Midwest but moderating conditions in Europe. Ukraine and Russia are back at war again and shipping is very limited in both countries. It should be cooler with drier weather in the Midwest this week. The crop conditions are lower than last week and below aa year ago. Maturity is starting and progress is ahead of normal with maturity under way. Temperatures in the Midwest should be cooler this week. Oats were lower.
Overnight News:
Chart Analysis: Trends in Corn are mixed . Support is at 521, 513, and 497 December, and resistance is at 542, 5$8, and 554 December. Trends in Oats are mixed. Support is at 360, 352, and 347 December, and resistance is at 377, 396, and 408 September.
SOYBEANS
General Comments: Soybeans and the products were higher yesterday in part on renewed buying from China and other countries and a decision by Trump to keep the worst of the tariffs from China ahead of the summit. It is still mostly hot and dry in the southern and western Midwest. Leaves are starting to drop according to USDA this week and reports of good conditions continue. Condition is below a year ago and unchanged from last week. Cooler temperatures and drier 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.
Analysis: Trends in Soybeans are up. Support is at 1272, 1251, and 1239 November, and resistance is at 1304, 1316, and 1328 September. Trends in Soybean Meal are up. Support is at 333.00, 327.00, and 323.00 October, and resistance is at 346.00, 352.00,and 360.00 October. Trends in Soybean Oil are mixed to up. Support is at 6780, 6630, and 6570 October, with resistance at 7070, 7170, and 7250 October.
PALM OIL AND CANOLA
General Comments: Palm Oil was higher today on strength in Chicago. Canola was higher.
Overnight News
Chart Analysis: Trends in Canola are mixed to up. Support is at 769.00, 754.00, and 749.00 November, with resistance at 826.00, 832.00, and 844.00 November. Trends in Palm Oil are mixed to up. Support is at 4800, 4750, and 4700 November, with resistance at 4960, 5030, and 5090 November.
DJ Malaysia Aug. 1-31 Palm Oil Exports Fell 6.5% on Month, AmSpec Says
By Amanda Lee
Malaysia’s palm oil exports during the Aug. 1-31 period are estimated down 6.5% on month at 1,335,281 metric tons, cargo surveyor AmSpec Agri Malaysia said Tuesday.
The following are the major items in the AmSpec estimate:
(All figures in metric tons)
August 1-31 July 1-31
RBD Palm Olein 208,473 352,284
RBD Palm Oil 139,574 99,756
RBD Palm Stearin 132,470 96,789
Crude Palm Oil 309,071 352,056
Total* 1,335,281 1,428,275
*Palm oil product volumes don’t add up to total as some products aren’t included.
DJ Malaysian PM Cash Market Prices for Palm Oil – Sep 1
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
Sep 1215.00 +20.00 Unquoted – –
Oct/Nov/Dec 1255.00 +22.50 Unquoted – –
Jan/Feb/Mar 1310.00 +17.50 Unquoted – –
Apr/May/June 1322.50 +17.50 Unquoted – –
RBD palm olein, FOB, Malaysian ports
Offer Change Bid Change Traded
Sep 1220.00 +20.00 Unquoted – –
Oct/Nov/Dec 1260.00 +22.50 Unquoted – –
Jan/Feb/Mar 1315.00 +17.50 Unquoted – –
Apr/May/Jun 1327.50 +17.50 Unquoted – –
RBD palm stearin, FOB, Malaysian ports
Offer Change Bid Change Traded
Sep 1155.00 +02.50 Unquoted – –
Palm Fatty Acid Distillate, FOB Malaysian ports
Offer Change Bid Change Traded
Sep 1105.00 +07.50 Unquoted – –
Crude palm oil, Delivered Basis, South Malaysia
Offer Change Bid Change Traded
Sep 4,700.00 +50.00 Unquoted – –
Palm kernel oil, Delivered Basis, South Malaysia
Offer Change Bid Change Traded
Sep 492.00 +10.00 Unquoted – –
($1=MYR4.037)