Mike McGlone|Oct 27, 2026 11:42
Corn $5, Soybeans $13, Wheat $7 Ceilings vs. Diesel, US Gas
The 2026 year may be remembered as about as good as it gets for rising grain prices, absent widespread drought in the primary growing regions. Corn, soybeans and wheat stretched above major thresholds near $5, $13 and $7 per bushel on the back of surging energy prices, and have backed down. My analysis highlights a primary force in grains and energy: autocorrelation.
Full report on the Bloomberg here: https://blinks.bloomberg.com/news/stories/tnk6h8kiups9 {BI COMD}
#Corn #soybeans #wheat #energy @BBGIntelligence
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