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Commodities

USDA Reports Bearish Corn Sales, Strong Dollar Weighs on Wheat Markets

Guavy AI Editorial Team
Instruments
Wheat Corn
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USDA reports daily U.S. corn sales of 218,600 MT to Mexico, while Mexico's corn production is expected to fall 3% in 2026 due to drought and high input costs.

The strong U.S. dollar index has been a bearish weight on the wheat markets lately, and Ukraine's winter wheat sowing area for the 2027 harvest could fall by 17% due to export difficulties.

Cash-only marketers are advised to have 70% of expected 2026-crop production sold for harvest delivery, while hedgers should have 60% forward sold on 2026 crop.

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