Agricultural commodity markets show mixed trends in corn and soybeans

Agricultural commodity markets showed mixed results on September 16-17, 2026. Corn futures on the Chicago Board of Trade saw slight declines, with December corn down 1 cent to $5.34. Market participants are monitoring a potential meeting between Trump and Xi, which could influence Chinese demand for US corn.

In the United States, the Senate Agriculture Committee advanced a farm bill with a 12-11 vote that includes the year-round sale of E-15, though a full Senate vote is unlikely before the November mid-terms. Global corn supply outlooks shifted as France lowered its 2026 harvest export forecast by 57% year-over-year to 2.5 million metric tons.

Soybean prices were mixed; November soybean futures rose by 2 cents to $13.21. Weather patterns are impacting progress, with heavy rain in the Northern Midwest slowing maturation and harvest, while hot, dry conditions in the South Midwest and Delta are facilitating harvest activities.

Other market movements included wheat futures rising and cattle futures seeing declines. In Canada, Ontario pork prices reported a decrease in dressed weight values.