Chicago soybean meal futures up 3.2%, corn and wheat up about 2.7% at most

NightAirdropper · 2026-03-22T03:59:48+00:00

On Wednesday's New York close, the Bloomberg Commodity Index rose 1.69%. Corn, wheat, and soybean meal futures all gained, while soybean oil and cocoa futures declined. Sugar futures broadly advanced, coffee futures showed mixed performance, and the overall market experienced significant volatility.

NightAirdropper

2026-03-22 03:59:48

Abstract generation in progress

On Wednesday (March 18), during the New York late trading session, the Bloomberg Grain Classification Index rose 1.69% to 31.6553 points. It continued to climb since 20:00 Beijing time, reaching a daily high of 31.7746 points at 01:38 (less than 30 minutes before the Federal Reserve announced the FOMC rate decision statement). CBOT corn futures increased by 2.09%, CBOT wheat futures rose by 2.67%, CBOT soybean futures gained 0.58%, soybean meal futures increased by 3.21%, and soybean oil futures fell by 0.71%. CBOT lean hog futures declined by 0.32%, live cattle futures rose by 0.22%, and feeder cattle futures decreased by 0.06%. ICE raw sugar futures increased by 2.56%, ICE white sugar futures rose by 2.77%. ICE Arabica coffee futures fell by 1.54%, Coffee “C” futures declined by 0.75%. Robusta coffee futures increased by 1.39%. New York cocoa futures dropped 3.40%, to $3,235 per ton. London cocoa futures declined by 1.44%. Chicago WCE canola futures fell by 0.38%. ICE cotton futures decreased by 0.10%.

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