The Market The trading week started a little down in the dumps, but the finish ensured gains across the soybean complex. There was a lot of support:
Argentine drought; Brazilian dampness; Indonesian pullback; Russian and Chinese missteps; and Robust American crush.
Domestic crush margins hit $3.33 bushel, among the most profitable on record. That cannot last since the industry plans to add 34 percent more capacity, but they are scoring the returns to afford the buildout. In fact, there is already slippage based on a nearly 4 percent discount on May meal over March. A key will be petroleum prices, which some believe will drift back up to re-test $90-$100/barrel when the summer driving season returns. ...
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...
