Markets opened mostly negative following an overnight session that involved some red. However, there was a turnaround mid-session that saw much of the market rebound and end in the green. Ags were in sharp contrast with outside markets that mostly bled ahead of tomorrow’s jobs report. Week to date, December corn is up 20.75 cents, November soybeans are up 5.75 cents and December SRW has risen 36.75 cents. The question is whether this can last?
The problem is not fundamentals but external markets. Ten-year Treasuries have now spiked to the highest level since 2007 and the whole bond market is sucking the wind out of equities. There are now warnings that borrowing costs may rise to the point of causing a recession. Mortgage rates hit...
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...
