Soybean futures surge as crop tour flags corn yield concerns. 8/17/26

Virginia McGathey breaks down the latest activity across the grain markets, starting with a surge in Soybean futures driven by increased demand for U.S. supplies and expectations of more purchasing from China. In Corn futures, focus shifts to crop quality as the Pro Farmer crop tour points to smaller ears and early pollination issues, prompting a jump in call option open interest. Finally, Wheat futures remain mixed as ongoing Black Sea region tensions add premium across the board, with the December contract trading a wide 14.5-cent range as it attempts to recover from recent July declines. Learn more about trading futures and options at CME Group: https://www.cmegroup.com/markets/agriculture.html #Grains #Soybeans #Corn