There may have been two separate corrections occurring in the market today as prices generally slid lower. The first involved absorbing and recalibrating a soybean market that has climbed almost a buck a bushel in one week’s time. The other involved lifting some of the war premium as Russia makes it look increasingly unlikely it will outright invade Ukraine. The latter has been more directed at corn and wheat with the correction phase involving three out of the last four trading sessions.
Some point to USDA’s report this morning of 380 KMT of corn to China being cancelled, but some question the report and others point to a USDA Export Sales report that exceeded expectations on new crop corn and soybean sales. The report was c...
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...
