There was higher volume in SRW, HRW and lean hogs but overall volumes remained modest, and the export wire is quiet. The latter perhaps influenced by a strong dollar. This leaves ample room for bearish weather news to ricochet around the market. Thus far in this abbreviated first trading week of the new year, March corn is down 4.75 cents, March soybeans are down 30.5 cents, and March SRW has lost 14.5 cents after today’s claw back of half the losses from Tuesday and Wednesday.
Weather conditions have improved in Brazil, the U.S., and Europe. Heavy rains in central Brazil will continue through most of next week. There will also be a return to seasonal rainfall in southern Brazil. Argentina has frequent crop boosting showers...
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...
