Overview of Wheat, Corn, and Soy Prices on Global Exchanges: Dynamics and Export Trends

This is reported by AgroReview

On Friday, April 10, 2026, the global grain markets experienced mixed price dynamics. Wheat prices were unstable: May futures for soft red winter wheat on the Chicago Board of Trade (CBOT) fell to $209.80 per ton, while in Kansas City on the Kansas City Board of Trade (KCBT), May futures rose to $217.06 per ton. May contracts for hard red spring wheat on the Minneapolis Grain Exchange (MGEX) dropped to $225.05 per ton.

Trading Details and Price Dynamics

The decline in oil prices by $2.24 per day was linked to a reduction in geopolitical risks ahead of the announced negotiations between the United States and Iran. In the grain markets, May futures for SRW wheat in Chicago closed at $5.71 per bushel (-3.5 cents), while July futures were at $5.80-3/4 (-4.25 cents). In Kansas City, May HRW futures closed at $5.90-3/4 (+0.25 cents), and July futures were at $6.05 (-0.75 cents). In Minneapolis, May futures for spring wheat finished trading at $6.12-1/2 (-6.75 cents), with July futures at $6.27 (-6.75 cents).

Export sales of U.S. wheat totaled 24.441 million tons, which is 13% higher than last year’s figure and aligns with the U.S. Department of Agriculture’s (USDA) estimate. As of April 2, shipments reached 20.379 million tons (+18% compared to last year), accounting for 83% of the USDA forecast.

“Since the beginning of the current season (August-July) until April 5, 2026, exports of soft wheat from Canada have increased to 14.9 million tons (+4%), reports the Canadian Grain Commission (CGC).”

Dynamics of Corn and Soybean Prices

Corn futures lost value on Friday: May futures closed at $4.41 per bushel (-3 cents), July futures at $4.51-1/4 (-3.75 cents), and December futures at $4.72-1/4 (-2 cents). The USDA reported a private export of 126,640 tons of corn to unknown destinations. The volume of export commitments for U.S. corn amounted to 71.387 million tons (+30% compared to last year), which is 85% of the USDA forecast. Actual shipments stand at 48.96 million tons (+34%), representing 58% of the forecast and 5 percentage points above the average pace.

Canadian corn exports have decreased by 76% since the beginning of the season, totaling 0.4 million tons as of April 5, 2026.

Soybeans showed an increase: May futures closed at $11.75-3/4 (+10.5 cents), July futures at $11.91-1/4 (+10.25 cents), and November futures at $11.57-3/4 (+5.25 cents). The USDA recorded a private sale of 100,000 tons of soybean meal to Italy. Export commitments for soybeans amount to 37.905 million tons (18% lower than last year), which is 90% of the USDA estimate. Shipments reached 30.52 million tons, accounting for 73% of the projected volume.

Canadian canola exports have fallen to 5.6 million tons since the beginning of the season, which is 22% less than the same period last year.

Price Dynamics on European Markets

On the Chicago Board of Trade (CBOT) on April 10, the prices for May contracts were:

• wheat — $209.80/ton (–0.61%)
• corn — $173.62/ton (–0.67%)
• soybeans — $432.01/ton (+0.90%)
• rice — $528.91/ton (–1.01%)
• canola (ICE) — 704.20 CAD/ton (–0.63%)

On the Paris MATIF exchange, the prices for milling wheat in May decreased to €194.75/ton (in dollars — $227.90), while September futures fell to €203.25/ton. June corn contracts dropped to €202.75/ton (in dollars — $237.26), and August futures decreased to €204.25/ton (in dollars — $239.01).

The closing prices for exchange trading in Paris were:

• milling wheat (May) — $227.90/ton (–0.04%)
• corn (June) — $237.26/ton (–0.03%)
• sunflower (SAFEX, May) — 8759 ZAR/ton (–0.73%)
• sunflower oil (Rotterdam, April 6, FOB) — $1475.00/ton