It was an interesting week for market news versus market action. There were actually numerous, somewhat bullish news stories that generated little in the way of bullish market reaction, including the following:
Wheat markets continue to absorb news of further declines in volume and quality by moving lower. Frost in West Australia early this week has created more crop losses than expected. It is very early in the “recovery” process to determine how much damage occurred. That really can’t happen until harvest gets underway, but reports from trustworthy sources indicate canola was badly damaged. There will be wheat losses as well, but we’re told that the crop across the frost-hit region was in varying degrees of matu...
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...
