Except for livestock and soyoil, today’s futures trading opened mostly lower. However, under relatively smaller volumes of trading, corn, soybeans, soymeal, SRW and Live Cattle fought back to modest gains by the end of the session. For the week, December corn lost 4.5 cents, November soybeans added 11.75 cents, and December SRW gave up 9 cents.
Again, for the week, corn and soybean speculators cut their net long positions by 9 percent in corn and by over 30 percent in soybeans, while they cut their short positions in wheat by 4.5 percent. As always, there are many factors running in both directions, but the overall market situation is stability. The weather is even providing some stability. Brazil continues to plant rapidly...
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...