There was a lot of input coming at the market today, but the only significant movements came in corn and soyoil. First up was news that the Kakhovka dam and hydroelectric plant on the Dnipro River in southern Ukraine was destroyed. Early word was that farmland was flooded but the reaction was muted. It is a sad development for Ukraine, but the area impacted plays only a minor role in the country’s crop production. The flooding mostly impacts the Kherson Oblast, which is in the southeast corner of the nation. It contributes 6 percent of the wheat and barley area, 4 percent of sunflower production, and just 1 percent of corn output.
The global supply side appears to be more at risk from weather than war. Australia and Indonesi...
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...
