GOOD MORNING, Prices continue to congest and define their trading ranges. Beans are firmer with reports of China hanging around the bean market once again, perhaps due to the lower export basis last week. Cash markets last Friday were slightly weaker for corn and beans. In terms of reports, we get the October NOPA crush report at 11:00 central time. Advertised expectations are for crush to come in at 177.2 mln bu, (which would be the largest Oct. crush on record), vs. 161.49 mln bu in Sep. Soyoil ending stocks are forecast at 1.448 bln lbs vs. 1.433 bln lbs, and vs.1.423 year ago. Argentina's politics come to the fore, with stalled salary negotiations involving the crusher's uni...
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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