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Commodity prices could begin to rebound in 2026

A grain and oil seed analyst says there could be some improvement for commodity prices in 2026.  

Bree Baatz with Terrain says the bottom price for corn was set in mid-August when the supply and demand report was released. “I’m optimistic that corn prices will rally to the $4.75, potentially even $5 range, because while I acknowledge global production is increasing primarily led by the United States, consumption is increasing at a higher pace and we’re seeing stocks to use tighten up across the globe.”

She tells Brownfield soybeans still face some uncertainty, but China’s lack of purchases has already been priced in the market. “If we get any sort of biofuel clarity and or a trade deal executed with China, I expect prices to increase. However, the long-term fundamental issues between China being aligned with Brazil for import needs is going to likely persist longer term.”

Baatz says Mexico could purchase more soybeans during the current marketing year, and that may help fill some of the void left by China.

Bree Baatz: