Grains Report 06/16/2026

DJ USDA Grain Inspections for Export in Metric Tons – Jun 15
WA_GR101
Washington, DC Mon Jun 15, 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 JUN 11, 2026
— METRIC TONS —
————————————————————————-
CURRENT PREVIOUS
———– WEEK ENDING ———- MARKET YEAR MARKET YEAR
GRAIN 06/11/2026 06/04/2026 06/12/2025 TO DATE TO DATE
BARLEY 122 0 0 122 98
CORN 1,636,628 2,013,869 1,695,505 65,614,168 52,070,171
FLAXSEED 24 0 24 24 24
MIXED 0 0 0 0 122
OATS 0 0 798 0 798
RYE 0 0 0 0 0
SORGHUM 313,614 11,135 29,177 4,383,211 1,853,720
SOYBEANS 522,687 412,122 225,571 36,595,914 45,452,600
SUNFLOWER 0 0 0 40 0
WHEAT 334,292 323,318 388,752 554,075 590,086
Total 2,807,367 2,760,444 2,339,827 107,147,554 99,967,619
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 higher in Chicago but lower in KC as forecasts and reports for improving weather in Wheat areas continue. The crop condition ratings are the lowest in over 30 years in HRW areas and have provided some support for prices. Crop conditions should start to show some improvement soon but were lower last week. The Winter Wheat harvest is more than 10% done. USDA showed deteriorating crop conditions this year as rains are now occurring in the central areas of the Great Plains and are forecast to continue. Spring Wheat progress is ahead of normal, and conditions are rated as better than the previous week. Conditions are good in the US Midwest and in much of Europe, but Russia has been too cols. The weather is now featuring mostly dry conditions for parts of the Midwest along with warming temperatures. The WASDE report showed less US production based on a cut in yields. The demand side was left unchanged and ending stocks were reduced to 744 million bushels. The average Farm price was also cut back to 6.00/bu in response to the current price action.
Overnight News:
Chart Analysis: Trends in Chicago are mixed. Support is at 571, 566, and 560 July, with resistance at 661, 679, and 688 July. Trends in Kansas City are mixed. Support is at 614, 608, and 602 July, with resistance at 688, 722, and 750 July. Trends in Minneapolis are not available.

RICE:
General Comments Rice closed lower again yesterday on good weather in growing areas. The WASDE report showed an uptick in yields and production for long grain with all Rice left unchanged. Long grain demand was left unchanged and the ending stocks were a little higher. The average farm price was left unchanged at 12.00/cwt for long grain and 13.50 for all Rice. USDA said that Rice planted area would be about 12% less in the coming year. Emergence is ahead of average, and condition was about unchanged last week. Demand remains moderate to poor for US Rice,
Overnight News:
Chart Analysis: Trends are down. Support is at 1176, 1164, and 1152 July and resistance is at 1277, 1301, and 1308 July.

CORN AND OATS
General Comments: Corn was higher yesterday on oversold conditions and despite rains in the Midwest. The WASDE report showed a slight increase in beginning and ending stocks and no other changes. The crop conditions are strong in the Midwest and on news of lower petroleum prices because of the Iran war. Strong emergence progress are reported in reports released by USDA last week Forecasts for good growing conditions continue in the Midwest. Emergence is about normal. Condition is rated to be very good and about the same as the previous week. It looks wet this week. Temperatures in the Midwest should be cool warmer for the next week. Conditions are called good in Argentina and big production is expected there. Oats were lower and trends are down on the weekly charts.
Overnight News:
Chart Analysis: Trends in Corn are mixed to down. Support is at 407, 404, and 401 July, and resistance is at 449, 452, and 455 July. Trends in Oats are mixed to down. Support is at 295, 289, and 283 July, and resistance is at 367, 377, and 387 July.

SOYBEANS
General Comments: Soybeans and Soybean Meal were higher, and Soybean Oil was a little lower yesterday on reports of improved conditions in the Midwest. Rapid planting and emergence progress was shown by USDA this week and reports of good conditions continue. Condition is rated high by USDA in the latest reports. The WASDE report showed no changes from last month. Futures were also lower on the lack of news on China. Cooler temperatures and wet weather are expected for the next week in the Midwest. 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. There is talk of Chinese buying interest in US Soybeans this morning.
Overnight News:
Analysis: Trends in Soybeans are down. Support is at 1102, 1090, and 1072 July, and resistance is at 1157, 1173, and 1205 July. Trends in Soybean Meal are down. Support is at 301.00, 298.00, and 295.00 July, and resistance is at 326.00, 331.00,and 335.00 July. Trends in Soybean Oil are mixed to down. Support is at 7100, 7020, and 6940 July, with resistance at 7840, 7970, and 8080 July.

PALM OIL AND CANOLA
General Comments: Palm Oil was higher today in response to strong export demand. Canola was lower yesterday as conditions remain hot and dry in the Prairies but are starting to improve.
Overnight News
Chart Analysis: Trends in Canola are mixed. Support is at 745.00, 736.00, and 729.00 July, with resistance at 796.00, 802.00, and 808.00 July. Trends in Palm Oil are mixed. Support is at 4390, 4320, and 4270 August, with resistance at 4580, 4680, and 4730 August.

DJ Malaysian PM Cash Market Prices for Palm Oil – June 16
The 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
Jun 1147.50 +17.50 Unquoted – –
Jul/Aug/Sep 1150.00 +17.50 Unquoted – –
Oct/Nov/Dec 1177.50 +20.00 Unquoted – –
Jan/Feb/Mar 1192.50 +20.00 Unquoted – –
RBD palm olein, FOB, Malaysian ports
Offer Change Bid Change Traded
Jun 1152.50 +17.50 Unquoted – –
Jul/Aug/Sep 1155.00 +17.50 Unquoted – –
Oct/Nov/Dec 1182.50 +20.00 Unquoted – –
Jan/Feb/Mar 1197.50 +20.00 Unquoted – –
RBD palm stearin, FOB, Malaysian ports
Offer Change Bid Change Traded
Jun 1115.00 +12.50 Unquoted – –
Palm Fatty Acid Distillate, FOB Malaysian ports
Offer Change Bid Change Traded
Jun 1055.00 +20.00 Unquoted – –
Crude palm oil, Delivered Basis, South Malaysia
Offer Change Bid Change Traded
Jun 4,520.00 +90.00 Unquoted – –
Palm kernel oil, Delivered Basis, South Malaysia
Offer Change Bid Change Traded
Jun 434.00 +06.00 Unquoted – –
($1=MYR4.059)

Questions? Ask Jack Scoville today at 312-264-4322