GOOD MORNING, Prices started the night on a steady note but this morning will open lower. Sharply lower soyoil futures are pressuring beans, and prices will begin on key support points. The theme now seems to be liquidation for the day into the weekend, as the report is digested from yesterday along with current weather. China lowered its 20/21 corn estimates in feedstock on the back of more alternative use of grains. China's 202/1 corn consumption in feed was seen at 182 mmt, down 3 mmt from the prev. month, according to a statement published on the website of the Ministry of Agriculture and Rural Affairs. The gist of the USDA report was that of a slightly friendly tilt to corn, neutral to perhaps a b...
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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...