02/22/2026 Sunday Market Preview

Bids and offers were stacking up toward a slightly softer open for grain futures, but there was still a lot of Sunday left for something to spark bigger moves in financial markets. In the Headlines The Supreme Court on Friday ruled against reciprocal tariffs implemented by President Trump under the International Emergency Economic Powers Act. The decision did not address the issue of tariff refunds, leaving it open for litigation in lower courts. The White House was prepared with alternate sectional authority and President Trump announced new 10 percent global minimum tariffs before then upping the universal rate to 15 percent. Nuclear tensions were heightened heading into the weekend after President Trump said he was considering a ‘limited military strike’ against Iran. While the U.S. military build-up continued in the Persian Gulf region and following joint military drills with Iran and Russia, there were still reports of a new nuclear agreement possibly being close. Crude oil futures rallied about 5 percent last week to finish near $66.50. The president’s State of the Union address will be delivered on Tuesday night at 9 pm eastern. There were no daily export sales announcements made last week, but it was expected to stay…