A down day was in the forecast and down it was. December corn staged a minor comeback mid-session but could not hold and ended on a fractional loss. December SRW opened lower, briefly stabilized and then sank even lower for the close. The liquidation rivaled Tuesday’s exit, but the impact was more on wheat and less on corn.
The higher volume in corn trading reflects the different views about what tomorrow’s USDA WASDE report is going to indicate. Whatever it says is more likely to be accurate when it comes to corn because this crop has been made. In any event, the overall expectation is bearish. Tomorrow could set contract lows, assuming USDA does not repeat its August report with a surprisingly bullish picture. ...
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...
