Corn and Soybeans Rise in CBOT Amid US Yield and China Demand

Thansettakij•Economy•4d ago

Reader Briefing

Corn and soybean prices rose on the Chicago Board of Trade on August 21, 2026, driven by export news and concerns over US crop yields.

•Corn and soybean futures increased on August 21, 2026, while wheat futures slightly declined.
•The US Department of Agriculture (USDA) maintained US corn yield estimates at 180.7 bushels per acre.
•China is targeting a total purchase of 25 million tons of US soybeans over the next three years.
•The US Treasury increased the buyback limit of long-term government bonds to 4,000 million dollars.

•Corn futures for September 2026 closed at 4.8375 dollars per bushel, an increase of 5.00 cents from the opening price.
•Corn prices were supported by private sector reports of 8.1 million bushels sold to undisclosed buyers for delivery starting September 1, 2026.
•The Pro Farmer Crop Tour indicated some US corn areas may have lower yields due to flooding and stunted crop growth.
•Soybean futures for September 2026 closed at 12.1957 dollars per bushel, reflecting a 4.25 cent increase.
•China purchased a large lot of 26.2 million bushels of US soybeans for delivery in the 2026/27 marketing year.
•Between August 13-20, 2026, China ordered approximately 209 million bushels of US soybeans, accounting for 23% of China's 25 million ton target.
•Wheat futures for September 2026 closed at 6.8150 dollars per bushel, decreasing by 1.25 cents due to profit-taking.
•A weakening US dollar, which reached 98.800 points on August 21, 2026, supported global commodity prices by making agricultural goods more attractive.

Full article content is available on the original source.

Chicago Board of Trade(ตลาดซื้อขายสินค้าเกษตรล่วงหน้าชิคาโก)ℹ️

An agricultural futures exchange where corn, soybeans, and wheat prices are traded.

CBOT

The abbreviation for the Chicago Board of Trade.

The organization that estimates US corn yields at 180.7 bushels per acre.

US Department of the Treasury(กระทรวงการคลังสหรัฐ)ℹ️

The entity that increased the buyback limit of long-term government bonds to 4,000 million dollars.

United States(สหรัฐ)ℹ️

A major producer and exporter of corn, soybeans, and wheat.

China(จีน)ℹ️

A major global buyer of soybeans with a target to purchase 25 million tons of US soybeans over three years.

European Union(สหภาพยุโรป)ℹ️

A region whose corn production is being monitored due to drought issues.

Ukraine(ยูเครน)ℹ️

A corn and wheat exporter facing logistics infrastructure damage from war.

Russia(รัสเซีย)ℹ️

A country facing grain transport obstacles in the Black Sea.