GOOD MORNING Prices are mixed with new contract highs in corn, but everything lower this morning as head into first day and end-of-month profit-taking. Prices start out the PM session on a bullish note, but fund profit-taking seems to be the theme heading into the last day of November. Jan beans nearly hit $12.00, but will begin on its lows today. In terms of news, traders continue to analyze the slow-down and recent bean cancellations out of China. On the other hand, a vessel carrying 30,500 mt of beans from the US is due to arrive in Brazil, according to the Paranagua port authority, as supplies in this country are tight until new crops can be harvested. For corn, the International Grains Council lower...
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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...