The Daily Board — Thursday, July 16, 2026
Carries today's settlements.
A firmer U.S. dollar and a soft June PPI print pulled metals, energy, and most grains lower together — meal and the Minnie were the only green boxes on the board.
The Board
Grains & Oilseeds
🌽 Corn · Dec — 464'0 · −5'4 · −1.17% 🔴⬇️
🫘 Beans · Nov — 1195'0 · −6'6 · −0.56% 🔴⬇️
🥫 Meal · Dec — 322.4 · +2.4 · +0.75% 🟢⬆️
🌻 Oil · Dec — 70.57 · −0.37 · −0.52% 🔴⬇️
🌾 SRW · Sep — 674'6 · −2'6 · −0.41% 🔴⬇️
🌾 HRW · Sep — 716'4 · −3'4 · −0.49% 🔴⬇️
🌾 HRS · Sep — 685'2 · +2'0 · +0.29% 🟢⬆️
🥣 Oats · Dec — 351'4 · −9'6 · −2.70% 🔴⬇️
Prairie Crops
🌼 Canola · Nov — C$783.50 · −8.90 · −1.12% 🔴⬇️
🌾 Barley · wk — ~C$300 · cash (weekly) · ➖
Energy
🛢️ WTI · Aug — 78.95 † · −0.65 · −0.82% 🔴⬇️
🔥 NatGas · Aug — 2.858 · −0.066 · −2.26% 🔴⬇️
Metals
🥇 Gold · Aug — 3992.1 · −59.7 · −1.47% 🔴⬇️
🥈 Silver · Sep — 56.187 · −1.246 · −2.17% 🔴⬇️
Settlements from the Barchart EOD report, Thu July 16, 2026. † WTI Aug is a post-settle last trade (15:59 CT), not an official settle — Sep settled at 78.28; direction is down either way. Grains in ¢/bu (eighths), meal $/short ton, oil ¢/lb, canola & barley C$/tonne, crude $/bbl, gas $/MMBtu, metals $/oz.
The Read
🌽 Corn — 464'0, −5'4 (−1.17%) 🔴⬇️ $CORN ( ▲ 0.17% )
Corn settled back under 465, shedding a nickel-and-a-half as improved Midwest crop weather and a firmer dollar leaned on the whole grain complex.
So what: cheaper corn trims the feed bill, but it also caps the cash bid on any bushels still in the bin.
Watch: Monday's USDA Crop Progress and the pod-fill weather window.
🫘 Soybeans — 1195'0, −6'6 (−0.56%) 🔴⬇️ $SOYB ( ▲ 0.06% )
Beans slipped but held above $11.90, with Chinese demand (the whole ballgame for soy) quiet and South American supply comfortable.
Funds trimmed length into the stronger dollar.
So what: a soft board keeps new-crop cash bids and your basis (the gap between the local cash bid and futures) under pressure.
Watch: any fresh China purchase or an August weather scare.
🥫 Soybean Meal — 322.4, +2.4 (+0.75%) 🟢⬆️
The lone green box in the soy complex: meal firmed as the crush (the margin a processor earns splitting beans into meal and oil) tilted its way.
Protein-feed demand did the lifting while oil sagged.
So what: firmer meal nudges up feedlot and hog ration costs.
Watch: the meal/oil product split — meal is carrying the crush right now.