Every major grain, oilseed, energy, and metal on the board closed higher today — a rare board-wide green session driven by two separate conflicts, not one shared story.
The Board
Grains & Oilseeds
🌽 Corn · Dec — 484.75¢ · +9.50 · +2.00% 🟢⬆️
🫘 Beans · Nov — 1239.00¢ · +16.25 · +1.33% 🟢⬆️
🥣 Meal · Dec — $332.90 · +5.60 · +1.71% 🟢⬆️
🧴 Oil · Dec — 72.82¢ · +1.19 · +1.66% 🟢⬆️
🌾 SRW · Sep — 705.75¢ · +27.75 · +4.09% 🟢⬆️
🌾 HRW · Sep — 763.50¢ · +30.50 · +4.16% 🟢⬆️
🌾 HRS · Sep — 729.00¢ · +24.75 · +3.51% 🟢⬆️
🌱 Oats · Dec — 351.25¢ · +5.25 · +1.52% 🟢⬆️
Prairie Crops
🌻 Canola · Nov — C$822.60 · +19.40 · +2.42% 🟢⬆️
🍺 Barley · Cash — C$285†/t · weekly · flat ➖
Energy
🛢️ WTI · Sep — $86.83† · +2.49 · +2.95% 🟢⬆️
🔥 NatGas · Aug — $2.925 · +0.060 · +2.09% 🟢⬆️
Metals
🥇 Gold · Aug — $4,151.90 · +75.50 · +1.85% 🟢⬆️
🥈 Silver · Sep — $60.298 · +1.190 · +2.01% 🟢⬆️
Prices are Barchart end-of-day settlements as of today's close (Wed, July 22, 2026) unless flagged †. Grain eighths converted to decimal cents for readability. WTI carries a 3:59 PM CT last-trade print rather than a confirmed settle in today's data feed — flagged † below.
The Read
🌽 Corn — 484.75¢, +9.50 (+2.00%) 🟢⬆️ $CORN ( ▲ 0.17% )
Corn rode the wheat complex higher and touched a two-month high, even as its own fundamentals (firm ethanol grind, steady export inspections) stayed unchanged from yesterday.
The corn/bean spread narrowed as funds rotated risk premium into the whole grain complex, not just wheat.
So what: A broad, sympathy-driven corn rally still shows up on your feed bill — lock-in math doesn't care why the number moved.
Watch: Friday's export sales data and whether corn holds these gains once the Black Sea headlines cool.
🫘 Soybeans — 1239.00¢, +16.25 (+1.33%) 🟢⬆️ $SOYB ( ▲ 0.06% )
Beans firmed on continued Chinese demand — a private exporter sale of 246,000 MT for 2026/27 delivery hit the tape this week — layered onto the broader risk-on tape.
South American new-crop competition is still on the horizon, capping how far this run can go on its own.
So what: A firmer bean print with China still buying is the more durable half of today's story — worth watching against new-crop hedges.
Watch: Thursday's export sales and any follow-through China purchase headlines.
🥣 Soybean Meal — $332.90, +5.60 (+1.71%) 🟢⬆️
Meal outpaced beans today, meaning the crush (the margin from turning beans into meal and oil) widened in the processor's favor.
Protein-feed demand from cattle and hog rations stayed the steady bid underneath the broader rally.
So what: A widening crush and firmer meal print both point to steadier — not cheaper — protein supplement costs.
Watch: Thursday's export sales and the meal/oil product-split spread.
🧴 Soybean Oil — 72.82¢, +1.19 (+1.66%) 🟢⬆️
Oil tracked crude's jump, true to its usual tight leash to energy, though it lagged the 2.95% move in WTI itself.
Palm oil comparisons and quiet biofuel-policy headlines kept the gain in check.
So what: Oil moving with crude, not against it, keeps biodiesel feedstock costs tied to the energy tape for now.
Watch: Malaysian palm oil export data and any biofuel-policy headlines.