About The Author

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

DJ USDA Grain Inspections for Export in Metric Tons – Aug 24
WA_GR101
Washington, DC Mon Aug 24, 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 20, 2026
— METRIC TONS —
————————————————————————-
CURRENT PREVIOUS
———– WEEK ENDING ———- MARKET YEAR MARKET YEAR
GRAIN 08/20/2026 08/13/2026 08/21/2025 TO DATE TO DATE
BARLEY 0 0 371 244 1,898
CORN 1,296,271 1,944,870 1,338,532 82,281,525 65,559,108
FLAXSEED 0 0 24 96 144
MIXED 0 0 0 0 122
OATS 0 0 0 998 2,095
RYE 0 0 0 0 0
SORGHUM 979 953 0 4,867,324 2,159,922
SOYBEANS 420,895 294,329 393,654 40,482,275 49,318,778
SUNFLOWER 0 0 0 40 0
WHEAT 425,668 514,363 1,047,092 4,336,899 5,866,384
Total 2,143,813 2,754,515 2,779,673 131,969,401 122,908,451
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 was a little higher in Chicago and lower in Kansas City last week after an early rally based on reports of more war between Ukraine and Russia faded. The president of Ukraine said that his country and Rusia would sit down soon to try to find a way for grains exports to resume from both countries The price action was also tied to reports of reduced exports due to increased tensions in the Black Sea with Ukrainian bombing keeping Russia unable to ship anything through the Azov Sea and world weather. 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 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 646, 626, and 620 September, with resistance at 711, 718, and 724 September. Trends in Kansas City are mixed. Support is at 719, 691, and 679 September, with resistance at 777, 784, and 790 September. Trends in Minneapolis are not available

RICE:
General Comments Rice closed lower yesterday and well off the highs of the day. The highs were hit early in the session. Brazil prices are also strong on ideas of short production and El Nino fears for production on the next crop. Condition 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, Trends are up on the daily charts and are turning up on the weekly charts,
Overnight News:
Chart Analysis: Trends are mixed to up. Support is at 1462, 1448, and 1434 September and resistance is at 1508, 1516, and 1528 September.

CORN AND OATS
General Comments: Corn was higher yesterday on the results of the Pro Farmer tour. Pro Farmer estimated the US yield at 173.2 bu/acre and total production at 15.344 billion bushels. The estimate is the lowest heard by us so far this year and well below the August estimates from USDA. We made a quick crop tour of Indiana and Illinois two weeks ago and over the following weekend. Yield reports were generally good but below last year. We purposely sought to find good looking fields. Many fields were yellowing from nitrogen loss from too much rain and some fields had lower leaves dying due to the rain and heat alternating. This was true for much of the eastern and northern Midwest. 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 near unchanged last week.
Overnight News:
Chart Analysis: Trends in Corn are mixed . Support is at 468, 461, and 457 September, and resistance is at 484, 490, and 496 September. Trends in Oats are mixed. Support is at 307,to up 300, and 294 September, and resistance is at 333, 349, and 347 September.

SOYBEANS
General Comments: Soybeans and Soybean Oil were lower and Soybean Meal was a little higher yesterday on the Pro Farmer estimates. Pro Farmer estimated the US yield at 53.3 bu/acre and the total US production at 4.572 billion bushels. Both estimate are above the USDA August estimates. The rain caused some significant ponding in Illinois and Indiana as seen from our brief crop tour two weeks ago and over the following weekend. 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:
Analysis: Trends in Soybeans are mixed. Support is at 1198, 1181, and 1171 September, and resistance is at 1228, 1238, and 1250 September. Trends in Soybean Meal are mixed. Support is at 314.00, 308.00, and 396.00 September, and resistance is at 328.00, 331.00,and 334.00 September. Trends in Soybean Oil are mixed. Support is at 6540, 6440, and 6380 September, with resistance at 6910, 7060, and 7140 September.

PALM OIL AND CANOLA
General Comments: Palm Oil was lower today. Canola was lower yesterday.
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 797.00, 806.00, and 826.00 November. Trends in Palm Oil are up. Support is at 4850, 4800, and 4750 November, with resistance at 5030, 5060, and 5090 October.

DJ Malaysian PM Cash Market Prices for Palm Oil – Aug 24
The following are prices for Malaysian palm oil in the cash market at 1000 GMT Monday, 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.
Offer Change Bid Change Traded
Sep 1202.50 -17.50 Unquoted – –
Oct/Nov/Dec 1240.00 -15.00 Unquoted – –
Jan/Feb/Mar 1282.50 -10.00 Unquoted – –
Apr/May/Jun 1285.00 -12.50 Unquoted – –
RBD palm olein, FOB, Malaysian ports
Offer Change Bid Change Traded
Sep 1207.50 -17.50 Unquoted – –
Oct/Nov/Dec 1245.00 -15.00 Unquoted – –
Jan/Feb/Mar 1287.50 -10.00 Unquoted – –
Apr/May/Jun 1290.00 -12.50 Unquoted – –
RBD palm stearin, FOB, Malaysian ports
Offer Change Bid Change Traded
Sep 1165.00 -12.50 Unquoted – –
Palm Fatty Acid Distillate, FOB Malaysian ports
Offer Change Bid Change Traded
Sep 1100.00 -12.50 Unquoted – –
Crude palm oil, Delivered Basis, South Malaysia
Offer Change Bid Change Traded
Sep 4,710.00 -60.00 Unquoted – –
Palm kernel oil, Delivered Basis, South Malaysia
Offer Change Bid Change Traded
Sep 486.00 -04.00 Unquoted – –
($1=MYR4.0405)

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