Agricultural Markets See Mixed Results Amidst Profit-Taking and End-User Buying
The agricultural commodity markets saw a mixed performance on September 17, 2026. Corn futures declined by 3.75 cents to $5.30.50, influenced by profit-taking and weak long liquidation from shorter-term traders.
Soybeans also fell by 0.75 cent to $13.19.75, but soybean meal rose by $5.70 to $371.30, reaching a two-and-a-half-year high for the contract. This surge in meal prices was driven by reports of domestic end-users becoming short-bought.
The wheat futures markets saw more profit-taking and weak long liquidation, with December SRW declining by 3.75 cents to $7.27, and December HRW losing 5 cents to $7.94.50.