As trading wrapped up, March corn saw a modest increase of 3½¢, closing at $4.30 per bushel.
Meanwhile, March soybeans rose by 7¾¢, settling at $10.75 per bushel.
According to Jamey Kohake, a senior risk manager at Pinion, "The market experienced a lackluster close following a robust trading session earlier in the day. Notably, there were discussions around year-round E15 support." He added that managed money was actively liquidating short positions while purchasing soybeans, anticipating significant export opportunities.
March CBOT wheat climbed 12¾¢ to reach $5.36 per bushel, while March Kansas City wheat and March Minneapolis wheat increased by 9½¢ and 7¾¢, closing at $5.42¼ and $5.67¾ per bushel, respectively.
In livestock markets, April live cattle gained $1.32, reaching $238.72 per hundredweight (cwt), whereas March feeder cattle declined by $3.85 to $365.85 per cwt. April lean hogs dropped $1.67, finishing at $95.15 per cwt.
At 2:50 p.m. CT, March crude oil was trading up $1.01 at $63.40 per barrel.
The S&P 500 Index decreased by 2.76 points, while the Dow Jones Industrial Average fell by 37.98 points.
In currency markets, the March U.S. Dollar Index rose by 184 points.
Morning Grain Performance: January 28, 2026
At 9:20 a.m. CT, March corn was up 5¾¢ at $4.32¼ per bushel, and March soybeans increased by 13¾¢, reaching $10.81 per bushel.
March CBOT wheat gained 16½¢ to $5.39¾ per bushel, with Kansas City wheat and Minneapolis wheat following suit, rising 14¢ and 11½¢, respectively.
According to Karl Setzer from Consus Ag Consulting, "The grains are benefiting from renewed investment interest. Additionally, corn and soybeans are receiving support due to reduced crop estimates from Argentina." He highlighted that Brazil is facing challenges in fulfilling export commitments due to domestic demand slowing down deliveries to export terminals.
As of 9:29 a.m. CT, March crude oil was up by 45¢ at $62.84 per barrel.
April live cattle were down $1.12 at $236.27 per cwt, while March feeder cattle declined by $1.77 to $360.22 per cwt. April lean hogs were down $1.35 at $95.47 per cwt.
The S&P 500 Index reported an increase of 7.77 points, while the Dow Jones Industrial Average recorded a decrease of 75.77 points.
The March U.S. Dollar Index rose by 304 points.
