03/15/2026 Sunday Market Preview

Grains were positioned for a softer start as wider profit-taking was expected following a relative lacking of escalation in the Middle East. In the Headlines New developments with Iran were limited to this point of the weekend, with focus on six U.S. airmen killed in a plane crash in Iraq and on comments from President Trump calling for other countries that rely on the Strait of Hormuz to send ships to the help reopen the shipping passage. Trump also threatened additional strikes on Kharg Island that Iran uses as a terminal for 90 percent of its oil shipments. Fresh attacks with drones and missiles were being launched by Iran in Bahrain, Saudi Arabia, and the United Arab Emirates, which included the targeting of ports that did not host U.S. assets. Aside from something with the war popping up to drive crude oil sharply higher, the grains could also get a lift if positive reports are produced by trade talks between the U.S. and China that started on Sunday. U.S. Treasury Secretary Scott Bessent and U.S. Trade Representative Jamieson Greer were meeting with the Chinese Vice Premier in Paris. Both sides are expected to be searching for points of agreement that…