The market opened soft with wheat and soyoil as leaders and the rest in the hole, but a route was found out of the hole by everything but soymeal and feeder cattle. There were nudges along the way, such as rising prices elsewhere, continued buyer demand, and rising energy values. There were also negatives, such as higher IGC numbers and mediocre export sales. The thrust has been downward but the last two days of trading are starting to look like a firmer floor is being established.
The combination of global demand and what looks like imperfect fields being combined with reduced yields and tar spot disease in corn leads to some caution for the bears. At the same time, the weather is deterring the bulls. Wetness in the east wi...
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...
