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The May 26, 2026, Closing Market Report indicates a general decline in commodity futures, driven by easing geopolitical tensions in the Middle East and favorable Midwest weather forecasts. Market analyst Naomi Blohm notes that while grain uptrends are holding, they are currently testing critical support levels amid slowing export sales and persistent South American competition. Conversely, fertilizer prices remain highly elevated due to prolonged supply chain and production disruptions in the Strait of Hormuz. Regarding regional crops, Dan O'Brien reports spotty moisture for Kansas wheat, projecting high abandonment rates of up to 25%, while also highlighting a growing global policy shift toward domestic biofuel production. Finally, meteorologist Don Day forecasts near-term hot and dry conditions for central Canada and the northern US Corn Belt, with contrasting precipitation in the Pacific Northwest and Gulf Coast, before weather patterns are expected to normalize in June.
- Ag Markets with Naomi Blohm, TotalFarmMarketing.com
- CEO of the Fertilizer Institute Corey Rosenbusch
- Ag Energies and Kansas Wheat Abandonment with Dan O'Brien, Kansas State Extension
- Ag Weather with Don Day, DayWeather.com
By Todd E. Gleason4.7
1515 ratings
The May 26, 2026, Closing Market Report indicates a general decline in commodity futures, driven by easing geopolitical tensions in the Middle East and favorable Midwest weather forecasts. Market analyst Naomi Blohm notes that while grain uptrends are holding, they are currently testing critical support levels amid slowing export sales and persistent South American competition. Conversely, fertilizer prices remain highly elevated due to prolonged supply chain and production disruptions in the Strait of Hormuz. Regarding regional crops, Dan O'Brien reports spotty moisture for Kansas wheat, projecting high abandonment rates of up to 25%, while also highlighting a growing global policy shift toward domestic biofuel production. Finally, meteorologist Don Day forecasts near-term hot and dry conditions for central Canada and the northern US Corn Belt, with contrasting precipitation in the Pacific Northwest and Gulf Coast, before weather patterns are expected to normalize in June.
- Ag Markets with Naomi Blohm, TotalFarmMarketing.com
- CEO of the Fertilizer Institute Corey Rosenbusch
- Ag Energies and Kansas Wheat Abandonment with Dan O'Brien, Kansas State Extension
- Ag Weather with Don Day, DayWeather.com

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