Excellent early crop ratings but excessive dryness, then a chance of showers that may or may not occur – the one certainty is uncertainty and today’s trade reflected one more gyration of it. The day was supposed to see higher prices, chasing the overnight closes that had added strength, but after the open most things went south, even the normally reliable bulls around soyoil. The modern era has typically involved a sort of counter-seasonal insurance policy. If there is trouble in South America, a new crop in the Northern Hemisphere comes to the rescue, and vice versa. There is no insurance for troubles in both production zones. However, a more favorable weather forecast today for the Northern Plains gave the market some pause i...
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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...