Soybeans were the leader at the CBOT today while wheat and corn futures failed to find much buying interest. Cattle futures were higher while lean hogs fell in sympathy with lower cash values. The first day for deliveries on November soybeans found fewer notices than were expected, with the CBOT posted 13 contracts of deliveries versus prior estimates of 300+. That allowed soybean futures to recover from their recent beat-down but failed to inspire bulls in any other markets. Wall Street is higher as of this writing with the S&P500 up 1.18 percent and the Dow up 269 points. The U.S. dollar is down from recent highs, losing 4 bps to 97.084 while crude oil futures continued their selloff.
Corn December corn closed 1 &frac...
What You Need to Know Today: Brazilian President Luiz Inácio Lula da Silva secured reelection on Sunday, defeating right-wing Senator Flávio Bolsonaro despite trailing in the first round of voting. The surprise victory triggered a sharp selloff in Brazilian financial market...
The 2026 midterm elections are a week from tomorrow, but early voting has been taking place for weeks. At stake is control of Congress, including the House of Representatives, where all 435 seats are contested, and the Senate, where approximately one-third of the seats are up for election. Farm...
Key Takeaways: Total U.S. crop acres (excluding hay) are forecast to expand fractionally this year due to greater oilseed crop and winter wheat plantings. One of the key drivers of this year’s crop outlook is input costs, and crops with a lower cost profile have an advantage in producers...
