There was red across the board today as ags and outside markets collectively absorbed the Fed’s message of potentially longer-term costlier money and consequently slower growth. Adding to the weight was a U.S. dollar that hasn’t traded this high since 8 March.
There was some higher volume in soyoil and lean hogs, the former chasing global edible oil prices lower. Contracts traded lower all session but there was one last larger dip downward near the close. The ranges are mostly holding but at their lower levels. It is a trend that may be difficult to break. USDA’s export sales report reinforced the sluggishness in moving grain abroad as most commitments continue to trail year ago levels. Meanwhile, Ukraine is loadi...
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...
