GOOD MORNING, Prices are mixed to begin the morning. Wheat is higher this morning with the USDA reporting a sale last Friday of 165,000 mt of HRW for delivery to China, with 55,000 for 19/20 and 110,000 for 20/21. Corn is lower with the USDA cutting ethanol by 375 mln bu, balanced off a bit by higher feed. Funds are short and still looking to sell corn rallies. Beans are mixed, with USDA last Friday announcing 120,000 mt of beans sold for delivery to unknown, with 60,000 mt for 19/20, and 60,000 mt for 20/21. Beans still remain challenged on rallies as Brazil continues to fill up world demand. Brazil's April bean exports may be a record for April, according to Safras, which referenced strong shipp...
What You Need to Know Today: Crude oil prices extended their rally today, supported by several developments, including escalating Houthi attacks on Saudi Arabian oil infrastructure and growing concerns about supply disruptions. The Trump administration is reportedly preparing to remove 50 perc...
Key Takeaways: The agricultural trade surplus has become a sizable deficit: the balance swung from a $40.1 billion surplus in 2011 to a $40.7 billion deficit in 2025. Imports kept growing while exports lost momentum: between 2020 and 2025, agricultural imports increased 45 percent, compa...
USDA released its October Cattle on Feed report Friday, showing 11.4 million cattle in feedlots with capacity for 1,000 head or more, slightly below last year. September placements were the lowest for the month since records began in 1996, marking the third consecutive month of placements sett...
Regional News Dry weather across the UK and Europe is becoming increasingly concerning for the 2027 crops as planting intentions are lowered amid dry soil conditions. Delayed sowing or establishment under adverse conditions could leave crops more vulnerable to frost/freeze events and dise...
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