(Monday, January 26, 2026) Grain futures closed mostly lower Monday as fund selling erased gains from late last week and kept markets under pressure throughout the session.
Futures attempted to extend Friday’s rally during Sunday night trading, but selling intensified Monday morning and prices failed to recover through the close.
Corn futures ended down 2 1/4 cents, while soybeans finished 6 cents lower. Wheat prices also declined, with Chicago wheat down 7 cents and Kansas City wheat 11 cents weaker on the day.
No private export sale announcements were reported. Weekly export inspections showed corn at 59.5 million bushels, soybeans at 48.7 million bushels, and wheat at 12.9 million bushels.
In South America, Brazil’s government raised production estimates for both corn and soybeans. Brazil’s soybean harvest is reported at 5% complete, while corn harvest is about 4% finished. Second-crop corn planting is just under 5% complete.
Livestock markets closed mostly higher. Live cattle futures ended roughly $1 higher in the February, April, and June contracts. Feeder cattle closed $2.40 higher, while lean hogs finished mixed, with the February contract down 5 cents.
In the cash market, midday boxed beef values were higher, with Choice up $3.33 and Select up $3.58 on 50 loads. Cash cattle trade is expected to be steady to higher following a strong performance last week.
Last week’s cattle on feed report was viewed as supportive to the market. Placements fell to 10-year lows, on-feed numbers dropped to eight-year lows, and marketings reached four-year highs.
For more information, contact Midwest Market Solutions at 417-501-5132 or visit MidwestMarketSolutions.com.