The Market The trading week was just four session long due to Monday’s holiday but it seemed more bearish than it turned out. March soybeans closed lower on three of the four days and still managed a net 1.75 cent gain. Soymeal remains well supported and advanced another $4 this week to 480/ST. Soyoil was another story as it was up two sessions, down two sessions, and lost -.43 cents on the week.
While Chicago soyoil sank, the Malaysian May palm oil contract hit 4,235 ringgits/MT ($0.43/pound), its highest price in seven weeks. They closed out this week at 4,202 ringgits/MT. Canola edged higher this week as well. Export Sales U.S. soybean export sales for 2022/23 were up 20 percent from the week before but down 18 pe...
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...
