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A global surplus of food supplies has caused grain futures prices to fall
Expectations of ample supply are putting pressure on grain futures prices for 2026. Private consulting firm AgResource noted that global wheat exporters produced an additional 1.1 billion bushels of grain in the 2025-26 season, while Brazil is expected to harvest a record soybean crop, and the United States and Argentina are also set to see record-breaking corn harvests. Mild temperatures in India are expected to yield a wheat harvest of over 120 million tons, while rainfall in Argentina is projected to meet demand.
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