It was quiet in the overnight trade as everyone awaited the first USDA Export Sales report of the month, and when that was issued it was still quiet as the numbers did not provide any shocking new direction. After jumping higher ahead of and after Monday’s WASDE, markets have been sliding back on some of the gains.
Soybean export sales for the week ending 8 September were at the top of their estimated level and cumulatively over the past three weeks totaled a sizeable 5.775 MMT. Corn and wheat sales were more middling.
The weather remains warm and dry across the U.S. production belt aiding harvest, with a chance of isolated showers in the parched southwest. Settlement of the railroad strike took one concern off the...
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...
