What You Need to Know Today Agricultural futures spent a third straight session mostly lower after partially recovering from morning lows. The war in Iran continues to drive energy markets with spillover into ags. After two days lower, crude oil turned higher after Iran demanded unlikely concessions. Crude oil inventories are tightening due to the war, though the EIA’s estimated stocks drawdown is slightly less than private estimates.
JBS leadership facilitated a meeting at the White House for Brazilian President Luiz Inacio Lula da Silva where he sought reduced tariffs and discussed organized crime. President Trump said the meeting went well and praised Lula as “dynamic.” Planting and emergence of crops in th...
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...
