Grains Report 10/27/2026

DJ USDA Grain Inspections for Export in Metric Tons – Oct 26
WA_GR101 ***Corrected Report***
Washington, DC Mon Oct 26, 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 OCT 22, 2026
— METRIC TONS —
————————————————————————-
CURRENT PREVIOUS
———– WEEK ENDING ———- MARKET YEAR MARKET YEAR
GRAIN 10/22/2026 10/15/2026 10/23/2025 TO DATE TO DATE
BARLEY 0 0 171 366 4,898
CORN 625,233 692,234 1,242,451 9,776,509 10,588,161
FLAXSEED 0 0 0 96 264
MIXED 0 0 0 49 0
OATS 0 0 0 998 3,492
RYE 0 0 0 0 0
SORGHUM 735 1,322 38,342 13,016 161,753
SOYBEANS 2,476,453 2,068,086 1,161,105 9,705,412 6,815,919
SUNFLOWER 0 0 0 0 0
WHEAT 183,824 254,915 269,820 7,418,676 11,475,246
Total 3,286,245 3,016,557 2,711,889 26,915,122 29,049,733
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 lower in both markets once again yesterday as planting and emergence of Winter Wheat was ahead of normal with improved weather in the Great Plains. Brail elected Lula as President, a surprise that hurt the Real. The weekly export sales report showed average demand. Both sides in the Russia-Ukraine war have reported an export pace more than 50% less than a year ago. The US Winter Wheat planting was 76% complete last week and was 53% emerged. Conditions are mixed in the US Midwest. 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 get scattered showers in all areas.
Overnight News:
Chart Analysis: Trends in Chicago are down. Support is at 611, 591, and 580 December, with resistance at 621, 645 and 662 December. Trends in Kansas City are down. Support is at 645, 642, and 636 December, with resistance at 676, 711, and 725 December. Trends in Minneapolis are not available

RICE:
General Comments Rice closed lower yesterday on reports of farm selling as the overall supply scenario remains tight at home and around the world. Lula was elected president of Brazil in a surprise that hurt the Real and grains prices in general.. Damage to unharvested crops is reported from the hurricane and there are worries about El Nino hurting world production. Brazil prices are strong on ideas of short production and El Nino fears for production on the next crop. 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 mixed on the daily charts and are up on the weekly charts,
Overnight News:
Chart Analysis: Trends are mied. Support is at 1700, 1687, and 1670 November and resistance is at 1772, 1784, and 1796 November.

CORN AND OATS
General Comments: Corn was lower yesterday on reports of good harvest progress amid warm and dry weather. Lula was elected president of Brail in a surprise election result that hurt the Real and ag prices generally. Trends are down on the daily and weekly charts. There is moderating weather in the western and southern Midwest with mostly dry conditions. Harvest has been active in some areas of the Midwest with good but not great yields being reported. Ukraine and Russia are still at war and shipping is very limited in both countries. It should be cooler with drier weather in the Midwest this week. The crop conditions last week were slightly lower from the previous week and below aa year ago. Progress is below normal and the harvest is now 60% complete. Temperatures in the Midwest should be warmer this week amid mostly dry weather. 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 451, 448, and 442 December, and resistance is at 470, 478, and 488 December. Trends in Oats are mixed. Support is at 366, 361, and 352 December, and resistance is at 396, 404, and 409 December.

SOYBEANS
General Comments: Soybeans and the products were lower yesterday on great harvest progress and despite big new buying from China. China is expected to buy more cargoes of US Soybeans in the coming weeks but the tariffs will remain high. Lula was lected president of Brazil over the weekend It was a surprise to the market and hurt the Real against the Dollar and Ag prices generally, especially those featuring selling from Brazil. The harvest was 79% complete last week. Cooler and dry weather is likely in the north.
Overnight News:
Chart Analysis: Trends in Soybeans are mixed to down. Support is at 1228, 1220, and 1213 November, and resistance is at 1266, 1278, and 1298 September. Trends in Soybean Meal are down. Support is at 337.00, 329.00, and 322.00 December, and resistance is at 353.00, 361.00,and 369.00 December. Trends in Soybean Oil are mixed to down. Support is at 6540, 6480, and 6420 December, with resistance at 6740, 6880, and 7010 December.

PALM OIL AND CANOLA
General Comments: Palm Oil was lower today on ideas of increasing supplies. Daiyesterdayly chart trends are mixed and weekly trends are mixed to up. Canola was lower and trends are still down on the daily charts.
Overnight News
Chart Analysis: Trends in Canola are mixed. Support is at 770.00, 754.00, and 750.00 November, with resistance at 794.00, 805.00, and 815.00 November. Trends in Palm Oil are mixed. Support is at 4550, 4490, and 4430 December, with resistance at 4760, 4800, and 4890 December.

DJ Malaysian PM Cash Market Prices for Palm Oil – Oct 27
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
Nov 1132.50 -17.50 Unquoted – –
Dec 1162.50 -17.50 Unquoted – –
Jan/Feb/Mar 1207.50 -17.50 Unquoted – –
Apr/May/Jun 1247.50 -17.50 Unquoted – –
Jul/Aug/Sep 1235.00 -15.00 Unquoted – –
RBD palm olein, FOB, Malaysian ports
Offer Change Bid Change Traded
Nov 1137.50 -17.50 Unquoted – –
Dec 1167.50 -17.50 Unquoted – –
Jan/Feb/Mar 1212.50 -17.50 Unquoted – –
Apr/May/Jun 1252.50 -17.50 Unquoted – –
Jul/Aug/Sep 1240.00 -15.00 Unquoted – –
RBD palm stearin, FOB, Malaysian ports
Offer Change Bid Change Traded
Nov 1092.50 -12.50 Unquoted – –
Palm Fatty Acid Distillate, FOB Malaysian ports
Offer Change Bid Change Traded
Nov 1032.50 -12.50 Unquoted – –
Crude palm oil, Delivered Basis, South Malaysia
Offer Change Bid Change Traded
Nov 4,490.00 -40.00 Unquoted – –
Palm kernel oil, Delivered Basis, South Malaysia
Offer Change Bid Change Traded
Nov 431.00 -08.00 Unquoted – –
($1=MYR4.087)

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