Grains Report 09/04/2026

DJ Canadian Grain Handling Summary – Sep 4
WINNIPEG — The following are Canadian grain handling summary statistics
for the week ended Aug. 30, 2026. Figures in thousands of metric tons.
Source: Canadian Grain Commission.
Durum
Wheat Wheat Oats Barley Flax Canola Peas Corn Total*
COMMERCIAL STOCKS
This Week 2367.2 595.3 338.0 452.5 29.3 572.1 599.6 146.3 5609.0
Week Ago 2022.5 263.7 242.7 282.2 27.5 1182.3 225.1 165.7 4924.7
Year Ago 1898.9 384.5 303.5 385.5 28.7 539.9 553.4 101.4 4771.3
PRODUCER DELIVERIES
This Week 593.9 90.4 61.7 159.6 1.1 276.8 234.4 11.2 1474.2
Week Ago 367.2 31.8 53.5 94.0 2.3 259.1 218.5 23.6 1116.3
To Date 1699.0 239.5 197.3 351.4 7.9 1116.3 598.2 67.3 4464.4
Year Ago 1201.9 287.1 229.8 327.7 8.2 624.5 656.2 60.6 3667.3
TERMINAL RECEIPTS
This Week 737.0 68.9 17.2 30.4 0.0 134.1 73.8 12.0 1092.1
Week Ago 520.0 165.1 9.0 45.5 0.0 147.4 19.2 16.1 932.4
To Date 2702.5 507.2 38.2 142.9 0.3 632.6 155.0 60.7 4287.6
Year Ago 1701.8 222.2 33.7 59.5 2.4 348.9 150.7 11.5 2633.6
EXPORTS
This Week 346.9 82.6 28.8 25.4 0.5 58.3 0.0 37.0 583.0
Week Ago 511.5 58.8 27.4 22.3 0.3 118.1 0.2 0.0 751.2
To Date 2001.4 376.5 74.6 161.3 1.6 584.8 116.9 59.2 3426.2
Year Ago 1237.8 134.6 96.5 60.9 2.2 482.3 98.9 11.6 2179.1
DOMESTIC DISAPPEARANCE
This Week 150.4 54.6 22.0 27.2 0.5 294.6 3.2 26.8 602.2
Week Ago 172.6 13.2 16.3 25.8 0.7 267.3 3.8 27.4 539.2
To Date 580.5 102.0 68.3 104.9 3.3 1068.1 14.4 96.2 2107.9
Year Ago 407.0 13.8 54.7 84.9 4.3 893.0 9.7 95.6 1647.6
*Totals include data from other crops not shown including rye, soybeans,
sunflower seed, canaryseed, mustard seed, beans, lentils and chickpeas.
Source: Glacier FarmMedia (news@marketsfarm.com, 204-414-9084)

DJ CBOT Delivery Intentions: Totals – Sep 4
Source: CME Group
Contract Quantity Next Trade
Commodity Month Delivery Day Assigned Today Date Available
SOYBEAN MEAL September Sep 08, 2026 77 Aug 28, 2026
SOYBEAN OIL September Sep 08, 2026 74 Aug 31, 2026
ROUGH RICE September Sep 08, 2026 1 Sep 02, 2026
CORN September Sep 08, 2026 1 Aug 28, 2026
SOYBEAN September Sep 08, 2026 6 Aug 25, 2026
WHEAT September Sep 08, 2026 1 Aug 28, 2026

DJ Food Prices Rose in August as Supply Risks Mount, UN Says
By Giulia Petroni
World food prices rose in August as adverse weather and supply disruptions in the Middle East and Black Sea regions raised concerns over future supplies, the United Nations’ Food and Agriculture Organization said.
The FAO’s food price index–which tracks a basket of widely traded food commodities–averaged 133.3 points last month, up 1.9% from its July level and 2.5% higher than a year prior, as all commodity categories recorded higher prices overall.
“Climate shocks, geopolitical tensions and disrupted trade logistics are converging to tighten supply expectations,” FAO Chief Economist Maximo Torero said on Friday.
Sugar prices climbed 11.9% on month in August to their highest level since June 2025. Hot, dry weather hurt sugarbeet yield prospects in the European Union, while the El Nino weather phenomenon weighed on production prospects in Asia and lower output in Brazil’s Center-South region added to supply concerns. India’s decision to allow duty-free raw sugar imports also supported prices.
Dairy prices recorded their first increase in four months, although they remained more than 20% below levels seen last year. Higher milk powder and cheese prices drove the gain, as tighter milk supplies and strong import demand in the EU more than offset seasonal production increases in Oceania. Butter prices were little changed.
Cereal prices rose 2.2% to their highest level since May 2024. Wheat prices were boosted by disruptions to Black Sea exports, and hot, dry weather in parts of Europe raised concerns about supplies. Maize prices increased as prolonged heat and dryness raised concerns about crops in the U.S. Corn Belt and the EU, while strong demand from the ethanol and feed sectors added further support.
Vegetable-oil prices rose for a third straight month, reaching their highest since June 2022. Higher palm and soy oil prices more than offset declines in sunflower and rapeseed oils. Palm oil prices were supported by strong global demand and concerns over El Nino-related weather risks in Southeast Asia, while soy oil remained firm on strong South American export demand. Sunflower and rapeseed oil prices eased on weaker import demand and expectations of ample supplies.
Meat also rose in August, driven by higher poultry, pork and sheep meat prices, while beef prices declined. Poultry prices increased on strong global import demand and a rebound in Brazilian export prices, while pork surged in the EU as hot weather limited supplies. Sheep meat prices also gained on tight New Zealand exports and firm demand. By contrast, beef prices fell as tighter access to key Asian markets intensified competition among exporters.

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 yesterday said a truce and increased exports from the Black Sea are now possible Ukraine has hit infrastructure in Russia again by hitting a space facility and Russia has hit back. The US Winter Wheat harvest is over. Spring Wheat is being harvested and is rated 51% good to 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 down. Support is at 728, 706, and 685 December, with resistance at 796, 808, and 820 December. Trends in Kansas City are mixed to down. Support is at 793, 743, and 747 December, with resistance at 858, 868, and 880 December. Trends in Minneapolis are not available

RICE:
General Comments Rice closed slightly lower yesterday despite reports of a very weak Indian monsoon that is threatening ag production including Rice. The monsoon has been better lately. Brazil prices are strong on ideas of short production and El Nino fears for production on the next crop. Condition in the US was improved from the previous week. Harvest is active in most states and is 32% 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 1598, 1604, and 1616 November.

CORN AND OATS
General Comments: Corn was lower yesterday after a strong rally seen last week in response to private estimates released this week and the results of the Pro Farmer tour last week 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 unchanged last week and below aa year ago. 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 to down . Support is at 521, 513, and 497 December, and resistance is at 554, 560, and 566 December. Trends in Oats are mixed to down. Support is at 360, 352, and 347 December, and resistance is at 396, 408, and 420 September.

SOYBEANS
General Comments: Soybeans and the products were little higher yesterday despite 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. The EPA also released new bio fuels wavers and the results were considered bullish. It is still mostly hot and dry in the southern and western Midwest. Leaves are starting to drop according to USDA this week. Condition is below a year ago and 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: USDA said that 250,500 tons of Soybeans were received for delivery to unknown destinations.
Analysis: Trends in Soybeans are mixed to up. Support is at 1272, 1251, and 1239 November, and resistance is at 1328, 1340, and 1352 September. Trends in Soybean Meal are up. Support is at 333.00, 327.00, and 323.00 October, and resistance is at 352.00, 360.00,and 366.00 October. Trends in Soybean Oil are mixed to up. Support is at 6780, 6630, and 6570 October, with resistance at 7370, 7470, and 7570 October.

PALM OIL AND CANOLA
General Comments: Palm Oil was higher today on price action in Chicago. Canola was a little higher 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 844.00, 856.00, and 868.00 November. Trends in Palm Oil are mixed to up. Support is at 4900, 4850, and 4800 November, with resistance at 5030, 5090, and 5150 November.

DJ Malaysian PM Cash Market Prices for Palm Oil – Sep 4
The following are prices for Malaysian palm oil in the cash market at 1000 GMT Friday, 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 1187.50 -02.50 Unquoted – –
Oct/Nov/Dec 1232.50 -02.50 Unquoted – –
Jan/Feb/Mar 1312.50 +10.00 Unquoted – –
Apr/May/June 1332.50 +15.00 Unquoted – –
RBD palm olein, FOB, Malaysian ports
Offer Change Bid Change Traded
Sep 1192.50 -02.50 Unquoted – –
Oct/Nov/Dec 1237.50 -02.50 Unquoted – –
Jan/Feb/Mar 1317.50 +10.00 Unquoted – –
Apr/May/Jun 1337.50 +15.00 Unquoted – –
RBD palm stearin, FOB, Malaysian ports
Offer Change Bid Change Traded
Sep 1150.00 +07.50 Unquoted – –
Palm Fatty Acid Distillate, FOB Malaysian ports
Offer Change Bid Change Traded
Sep 1100.00 +02.50 Unquoted – –
Crude palm oil, Delivered Basis, South Malaysia
Offer Change Bid Change Traded
Sep 4,650.00 -20.00 Unquoted – –
Palm kernel oil, Delivered Basis, South Malaysia
Offer Change Bid Change Traded
Sep 492.00 +02.00 Unquoted – –
($1=MYR4.0425)

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