Farm Progress is part of the Informa Markets Division of Informa PLC

This site is operated by a business or businesses owned by Informa PLC and all copyright resides with them. Informa PLC's registered office is 5 Howick Place, London SW1P 1WG. Registered in England and Wales. Number 8860726.

Serving: United States
Farm Futures Market Update

How is ‘chaotic crude’ affecting grain prices?

Plus, prospects for a wheat rally, spring corn and soybean challenges, and much more

Crude oil has taken a wild ride so far this week, dragging down everything from financial markets to grain prices as that market tanked. Corn has taken the hardest hit so far, with May futures trading higher on Wednesday but down significantly over the past six weeks on crumbling ethanol demand.

But other grain prices are showing a little more optimism this week. Wheat, in particular, has some upside potential as Black Sea exports begin to dry up, and as lower-than-expected crop quality ratings for the U.S. crop surprised analysts on Monday.

Volatility has been the name of the game in 2020, and this week has offered plenty of evidence that it will continue to be a bumpy ride for grain prices moving forward. Farm Futures grain market analyst Jacquie Holland and Farm Futures senior editor Ben Potter sit down for the first of many weekly chats to discuss all the factors in play and take a deeper dive into commodity price trends.

Here’s what we’ve been focused on so far this week:


Hide comments


  • Allowed HTML tags: <em> <strong> <blockquote> <br> <p>

Plain text

  • No HTML tags allowed.
  • Web page addresses and e-mail addresses turn into links automatically.
  • Lines and paragraphs break automatically.