The CBOT started the day weaker, but end-users stepped up in the corn market and created enough strength to force a higher close. As such, the corn market looks like it may have formed near-term lows and the odds of sideways trade are increasing. Soybeans attempted to follow the corn market higher but weaker soyoil and soymeal values eroded crush margins and forced the market lower. Wheat futures sagged once again with little bullish news to support the market. Funds were on both sides of the corn market Wednesday and are thought to have been net sellers of some 10,000 contracts. Funds sold 11,000 contracts of wheat and around 5,000 contracts of soybeans. Funds were net sellers of both soyoil and soymeal, selling 4,000-5,000 contract...
Accountability and a comprehensive approach to export programming
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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...