Conventional Commodity Market Intelligence

Global corn (PMAIZMTUSDM) printed $213.19 per metric ton in July 2026, holding a $196-$216 mid-year band after the August 2025 trough near $183.02. USDA soybean cash bids (SC/Iowa, 28 August 2026) carried null averages across current and forward windows, so domestic discovery remains thinly populated versus the corn reference. Late-August feeder cattle auctions stayed elevated, with steers at $286-$525/cwt, heifers at $310-$357/cwt, and Ozarks bred replacements near $4,200-$4,300/head. Dairy powders held firm for the week ended 31 August, with NDM at $1.70-$1.96/lb West and $1.68-$2.05/lb Cent