Grain and oilseed markets remained closely tied to geopolitical developments, weather conditions and export expectations during the week ending September 4, 2026.
Corn futures were largely unchanged, while soybeans posted a new contract closing high and soybean meal also strengthened. Wheat futures moved lower after recent gains, although technical trends remained supportive across major wheat contracts.
During the September 4 edition of the Farms.com Risk Management Ag Commodity Corner+ Podcast, titled, "Black Sea Peace Deal?", hosted by Moe Agostino, chief commodity strategist, the discussion focused on the possibility of a new Black Sea grain corridor and whether Russia and Ukraine could move toward a broader peace agreement.