2026: Producer optimism improves

Key Points• Global grain and oilseed markets are experiencing oversupply, but optimism is increasing due to increased biofuel production and improved export conditions.• Record harvests in South America are reducing U.S. competitiveness in oilseed exports.• Demand for U.S. grains and oilseeds is expected to strengthen as reduced prices stimulate usage.Global grain and oilseed markets remain oversupplied, but increased biofuels production and improving export conditions are boostin