03/26/2026 Markets Await the More Important Data & Developments

03/26/2026 Markets Await the More Important Data & Developments Morning Market Talk There will not be a Morning Market Talk today. On the Grains Grain and soy futures traded on both sides of unchanged overnight, though a generally firmer tone has developed early this morning aside from soymeal and SRW wheat. Traders await EPA’s coming biofuels blending mandates for 2026 and 2027, along with how much of the small refinery exemptions granted from 2023 to 2025 will be reallocated to bigger refiners, which are much more important than Wednesday’s waiver for summertime E15 sales. They are also starting to position ahead of the key March 31 Prospective Plantings and Quarterly Grain Stocks Reports – both of which could have significant market implications – while keeping a close watch on the war with Iran. Crude oil futures are firmer as both the U.S. and Iran have dug in their heels, giving traders little confidence a near-term end to the war is in sight. The White House insisted peace talks with Iran are ongoing, even as Tehran countered a U.S. peace proposal. The U.S. is weighing options for a “final blow” in Iran that may include ground forces and a major bombing…