What You Need to Know Today:
Oil prices moved higher early Monday before giving back some of their gains after drone attacks forced the shutdown of Saudi Arabia’s East-West Pipeline, a critical route for bypassing constrained shipping through the Strait of Hormuz. The disruption puts roughly 4 percent of global oil supply at risk, while recent Houthi gains near the Bab al-Mandeb Strait have added another layer of uncertainty for Red Sea energy exports. The 10-year Treasury yield reached 5 percent for the first time since October 2023 ahead of this week’s Federal Reserve meeting. A rate hike is widely expected, while elevated energy prices are adding another source of inflationary pressure and keeping the possibility of addition...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...
