The Market The September USDA WASDE will be issued on Tuesday, 12 September and most analysts believe the agency will reduce the average soybean yield from the August estimate of 50.9 bushels/acre to 50.2 bushels/acre. However, analysts have a tough time guessing USDA’s September soybean numbers. Prepositioning ahead of the report, soybean values were cut less than one-half percent. Following a global shift lower for vegetable oils this week, the December soyoil contract was lowered by 4.4 percent. And observing gangbuster export sales in soymeal, the December contract gained almost a half percent. Soybean speculators reduced their net long position by 13 percent to 46,848 contracts.
Export sales are now shifting to the new market...
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...
