Wheat and corn were lower overnight, and the soy complex was firm. The weakness in wheat was caused by a bigger-than-expected fund long position coupled with a chance for rain in eastern Australia. Soybeans were firm on continued trade optimism. Corn was confused over whether to follow wheat or soybeans, and it chose wheat. Funds were sellers of corn and wheat but light buyers of soybeans. The Pro Farmer corn and soybean tour began today. Early reports were widely scattered but generally good. U.S. equity markets were firm today as was crude oil.
Corn FUTURES Sharp losses in the wheat markets coupled with some weekend rain across parts of the western Corn Belt held the corn market steady to lower today. Weekly export in...
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...