The Market Tuesday’s USDA WASDE report took a toll on soybeans. There was an attempted reversal in trading the next two-days, but today’s market action sealed the week with the November soybean contract losing 1.66 percent in value. December soymeal lost 2.31 percent of value this week but December soyoil added 2.57 percent.
Speculators reduced their net long position in soybeans by 13.1 percent to 40,697 contracts. USDA’s Export Sales report showed record soymeal demand – almost 455 KMT and primarily for unknown destinations. New soybean commitments were at the lower end and soyoil only had washouts.
Soybean export inspections by USDA last week were at the bottom end of expectations and are now down 21...
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...
