Markets are closed Monday, bringing about profit-taking from a strong week in grains.

02/13/2026

February 13, 2026

It’s been a very good week for grains, so profit-taking kicked in overnight, is not a surprise with a long weekend ahead, farmers are selling on this week’s rally, given it’s February, not a surprise there either. Markets will be closed on Monday for Presidents’ Day, with electronic trading reopening Monday night at 7:00 p.m. CT.

After rallying this week on the hopes of renewed Chinese interest in our agricultural products, the WASDE data is now becoming long forgotten. Many question the USDA’s carryout numbers, which are expected to decline in the months ahead. As of now, US corn sales are at 75% of what the USDA says we will sell through September 1, and we still have half a marketing year left to get through. They still likely have demand under-estimated. Meanwhile, China is increasing its purchases of US sorghum, having taken 2.5 MMT in the past three months.