Soybean Prices Surge Amid Corn Market Slight Dip
Corn futures inched lower at mid-morning on August 18, 2026, following a fresh high overnight. However, soybeans pushed higher by 6 to 8 cents, while meal rose by around 20 cents. Soyoil was lower by about 100 points.
The Pro Farmer Crop Tour began its eastern leg in Ohio, where scouts measured average corn yield potential of 180.18 bu. per acre, down from 185.69 bpa (3%) in 2025 and the three-year average of 184.31 bpa (2.2%). In South Dakota, Scouts on the western leg measured average corn yield potential of 149.09 bu. per acre, down from 174.18 bpa (14.4%) in 2025 and the three-year average of 162.7 bpa (8.4%).
The USDA rated the corn crop as 60% good to excellent as of Sunday, down a percentage point from the previous week. The Pro Farmer Crop Condition Index (CCI) declined 2.67 points and currently sits 26.64 points behind year-ago.