The WASDE was undeniably bearish with December corn and November soybean futures reaching new contract lows (actually, soybeans hit the low before and after the WASDE’s release), while wheat futures were down double-digits in response to the latest news. The headline numbers cratering the markets were record-breaking U.S. corn and soybean yields and month-over-month production ending stocks/use increases. Outside the U.S., across-the-board increases in world ending stocks from the August WASDE pressured markets.
Wall Street is higher as of this writing with the Dow and S&P 500 indexes up fractionally and the U.S. Dollar Index up 5 points. Rumors that the U.S. and China could be resuming trade talks briefly boosted the markets...
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...
