It was a mixed day but mostly lower volume (except for soyoil) as the market appears generally comfortable with current values. Even Russia’s charge that Ukraine has attacked the Motherland did not cause a reaction. Thus far this week, corn is down 10 cents, soybeans down 4, and SRW off by 9 cents.
USDA’s Export Sales report reinforced the current lull in U.S. sales as Brazil dominates. Commitments were in the mid- to lower range of estimates. However, the trade is hoping to learn by tomorrow whether the 11-cent jump in March corn yesterday was the result of a rumored sale to China. The continued softening in corn values is making the U.S. more competitive with Brazil and should start to show in sales.
Weather remains a re...
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...
