Today’s trading went as expected with a low volume of business but that does not obviate the high interest in agricultural commodities as we move into 2022. Some would even say to ignore today’s session since relevance requires higher amounts of liquidity. Corn and soybean trading was at half its 5-day average volume, though pig traders were uniquely active in the pit. But today was relevant in that it was a placeholder with nothing weird happening. Trading ranges remained narrow, reinforcing that capital is comfortable where it is currently positioned. For the week, Chicago March wheat was the big loser, down 44 cents or 5.6 percent. Corn was down 12.5 cents and March soybeans minimally lost 2-cents.
However, it is th...
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...
