GOOD MORNING, Prices are lower across the board to begin the trading session. Crop conditions were slightly better than expected and weather remains conducive to crop development. There is currently no freeze forecast and above normal temperatures are helping crops to maturity. The impact of yesterday's terror attack on oil facilities in Saudi Arabia that pushed crude up to new highs over $60/barrel has eased, and with it the two markets impacted the most by the spill-over, namely corn and soyoil. Technically speaking, the inability of Nov beans to hold over $9.00 pressures that market today. Funds still remain short across the board with the exception of soyoil. CROP PROGRESS
Corn: Uncha...
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...
