The Market The market lost faith on Tuesday as soybeans lost double digits in the nearby futures contracts, supposedly over worries that exports were too slow with a Chinese pullback. However, by the time of Thursday’s USDA Export Sales report, all was fine, and more value was added to the complex than it had lost. For the week, November soybeans gained 11.75 cents and sit at 1395.50/bushel, December soymeal was up $6.80 to 417.90/ST, and December soyoil is up just over a penny at 71.50/pound.
Convergence is occurring in pricing as Brazil’s FOB rate is dropping and is now just under $600/MT at the same time U.S. FOB prices are working higher.
Export Sales Traders had high expectations of the volume of soybean...
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...
