A severe winter storm in the United States and a weakened greenback helped raise prices on the Chicago Board of Trade during the week ended Jan. 28, 2026.
Look for trading of soybeans, corn and wheat at the Chicago Board of Trade remain sideways for the balance of January, perhaps longer, said Ryan Ettner, broker with Allendale Inc. in McHenry, Ill.
Tom Lilja, an analyst from Progressive Ag in Fargo, N.D., expects corn and soybeans yields to be trimmed ahead of the U.S. Department of Agriculture’s monthly supply/demand estimates release on Jan. 12, 2026.
Brazil’s Conab said the country will reap a record soybean crop of 177.6 million tons in the 2025/2026 harvest year, according to data released on Thursday.