The overnight session looked like a Turnaround Tuesday would develop, but despite news of the fourth largest daily corn sale on record, the CBOT remained under pressure. Corn futures continued to edge lower while soybeans found slight support from bull spreading against corn and strength in soyoil. Any rally attempts in row crop futures were capped by gains over the Dakotas, Iowa, Minnesota, and Wisconsin. The near-term forecast remains favorable for all but the Southern Plains, and while the 7-14-day forecast holds limited heat and good rainfall, its recent reliability has been mediocre at best. Egypt’s GASC secured Russian wheat for $211.90/MT, marking a $6+ gain from the last tender. September Paris wheat futures posted a EU...
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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...