With mostly average to lower trading volumes and narrow trading ranges, there is some speculative comfort ahead of USDA’s September WASDE arriving just two trading days ahead. These could be harvest-lows, assuming USDA sees crop yields like those now priced into the market. The book and movie about WWI and all quiet on the Western Front really meant there was angst around the uncertainty. In this holiday shortened-trading week, corn gained a fraction despite the trend of late being sideways lower, and soybeans shed a few cents despite it being characterized as trending higher. SRW wheat was a wash. The winner again was soymeal, which is dominating the export market and thus getting rewarded in the trading pits.
Actual...
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...
