GOOD MORNING, The markets are lower this morning on profit-taking from current market tops as better rains fall across areas of Brazil. This is a corrective move from the top as the mission of the market is now to define new and higher value trading ranges, except for wheat which is still closer to the bottom of its trading range activity. Current rallies have been sharp, and charts extremely overbought. Cushioning a larger break is continued chatter that China buyers booked as many as a dozen cargoes of corn and beans each this week, which was a part of the recent price rise. Soyoil remains a fan favorite over meal, as crush margins move lower and vegoil global prices move higher. Beans started to sell-off more aro...
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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...