Weekly Ag Markets Update – 05/18/2026

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Weekly Ag Markets Update – 05/18/2026

blog.pricegroup

1 month ago

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Wheat: Wheat closed higher in both markets last week as dry weather returned to the Great Plains and USDA made dramatic cuts to production estimates. The higher close came despite selling tied to the US China summit late last week. Ending stocks were also scaled back due to the reduced production. The data pushed futures to new highs for the move. President Trump announced he was pausing Operation Freedom to give the US and Iran a chance to work out o cease fire deal but rejected a de3al wi...

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