Friday, August 14, 2026
Nearly every line on the board closed green Friday, with Kansas City wheat leading a Black Sea-driven surge that pulled the rest of the grain complex, energy, and metals higher into the weekend.
The Board
Grains & Oilseeds
🌽 Corn · Dec: 483.25 · +11¼ · +2.38% 🟢⬆️
🫘 Beans · Nov: 1192.50 · +10¼ · +0.87% 🟢⬆️
🥩 Meal · Dec: 316.30 · +2.30 · +0.73% 🟢⬆️
🫙 Oil · Dec: 68.97 · +0.59 · +0.86% 🟢⬆️
🌾 SRW · Dec: 689.50 · +21¼ · +3.18% 🟢⬆️
🌾 HRW · Dec: 767.75 · +33 · +4.49% 🟢⬆️
🌾 HRS · Dec: 704.25 · +10½ · +1.51% 🟢⬆️
🌾 Oats · Dec: 345.25 · +5 · +1.47% 🟢⬆️
Prairie Crops
🌻 Canola · Nov: C$818.90 · +15.40 · +1.92% 🟢⬆️
🐮 Barley · cash: C$270.00 · unch (wk) · n/a ➖ †
Energy
🛢️ WTI · Sep: 82.40 · +1.15 · +1.42% 🟢⬆️ †
🔥 NatGas · Sep: 2.733 · +0.006 · +0.22% 🟢⬆️
Metals
🥇 Gold · Dec: 4,437.30 · +16.90 · +0.38% 🟢⬆️
🥈 Silver · Sep: 65.108 · +0.115 · +0.18% 🟢⬆️
The Read
🌽 Corn: 483.25, +11¼ (+2.38%) 🟢⬆️ $CORN ( ▲ 1.95% )
Corn extended Wednesday's WASDE stocks-cut rally, riding wheat's much bigger surge higher on spillover buying.
USDA's tighter old-crop and new-crop stocks estimate from earlier this week is still the fundamental anchor; today's move reads as follow-through, not a new catalyst.
So what: basis holders who sat on cash after Thursday's pullback now have two green sessions stacked on top of the WASDE jump.
Watch: this week's Export Sales tally for confirmation that demand is keeping pace with the tighter balance sheet.
🫘 Soybeans: 1192.50, +10¼ (+0.87%) 🟢⬆️ $SOYB ( ▲ 0.68% )
Beans firmed as China's flash-sale streak kept rolling; private exporters have now flagged more than 1.48 million tonnes of purchases since August 3.
The gain trailed the grain complex's wheat-led surge, in line with this week's broader read that soybeans aren't getting the same lift as wheat.
So what: China's buying pace, not the technical setup, is doing the heavy lifting for old-crop basis right now.
Watch: whether the daily China purchase streak extends into next week, and today's export sales number.
🥩 Soybean Meal: 316.30, +2.30 (+0.73%) 🟢⬆️
Meal edged higher with the rest of the soy complex, though oil (+0.86%) narrowly outpaced it today, a mild flip in the product split (how the crush margin divides between meal and oil).
Protein-feed demand from cattle and hog rations stayed a background support, not today's headline.
So what: ration costs for livestock feeders tick up slightly for a second session.
Watch: board crush margins and the next Fats & Oils report for the meal/oil split.
🫙 Soybean Oil: 68.97, +0.59 (+0.86%) 🟢⬆️
Oil tracked crude's 1.4% gain today, staying on its usual leash to energy.
The move edged out meal's for the first time this week, putting oil back in front of the product split.
So what: biodiesel feedstock costs firm up alongside crude.
Watch: renewable-diesel policy headlines and whether oil keeps shadowing crude's swings.