For the most part, agricultural commodity markets ignored the blood bath on Wall Street. December corn broke through resistance, soybeans earned back some of its recent losses, meal closed higher a second day, and wheat fought back against some of its recent weakness. However, soyoil had its sixth day with a lower close, and weak technicals continued to weigh on the beef market.
One notable weird point is that volume was light across the board, except for September HRS, which had higher volume than usual but priced itself in a narrower and lower range than did SRW or HRW. The morning session picked up where the overnight session had left off. The open mimicked the overnight close. Corn, soybeans, and wheat grew strength as the ses...
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...
