CBOT markets opened on a mixed tone following yesterday’s Grain Stocks report but most commodities finished higher. Soymeal and soybeans led the soy complex higher on stronger fundamentals and continued fund short-covering. The U.S. forecast is trending wetter for the first two weeks of October, with ample rains for the Western Corn Belt this week. Next week will feature a shift in the precipitation patterns to favor Illinois and Indiana. The PNW remains cooler than normal but, fortunately, the bulk of the Midwest will retain above-average heat, despite the coming rainfall.
Internationally, Brazil and Argentina are still in rainfall deficit, but recent showers have helped alleviate the pain somewhat. The crops are gett...
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...
