Transcript: Mid-Day Market Report for September 18, 2026
Transcript: Mid-Day Market Report for September 18, 2026
Ag Mid Day Market Report
Mid-Day Market Report for September 18, 2026
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Transcript
[00:00:00] Sue Martin: Good afternoon. This is Sue Martin with Ag Investment Services located here in Clarion, Iowa with our midday futures report. Well, the grain markets are all in red today. Soy meal is down quite hard, and of course it's given up some of its move from off of the new highs that it had. It's the break in meal [and] course weakness in bean oil that's helping tug beans lower. However, last Friday we closed November beans at 1299.25[¢]. Closing over 1299.25[¢] is a good sign for that bean market that we should come back and try to take this week's highs out next week. And of course next week we have President Xi coming with his trade delegation to the White House on the 24th. So I think that would be our line in the sand. The market sometimes has a tendency to go back and look at previous closes, and I think that's what today is doing with the help of the soy meal breaking quite hard and then of course bean oil dropping as well, putting pressure on the beans themselves. We don't expect this to last. But in the meantime, the corn market had a break down to 525 base December but is now currently lifting a little bit, down 3.5. Wheat seasonally tends to have a break in September that usually will end around the 18th and then try to rally into the end of October. This is Sue Martin with [G&] Investment Services. Have a great day.
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