Speculators have been reducing their market exposure for the last several sessions but today still had some unique attributes:
Higher volume in corn, SRW, feeder cattle and lean hogs. Above average volume in corn despite the trading range only being six cents. November soybeans had a relatively narrow 11-cent trading range, and the gains were larger in the longer dated contracts. Gains were also larger in longer dated SRW contracts. There were 66,478 December soyoil contracts traded and the result was zero change in price. Higher volume in the October feeder cattle contract drove it to a new intra-session high.
What you are reading is not the totality of the market but the synthesis of many different analyses. USDA&rs...
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...
