The Market The Board continued its bearish trend over the past five days of trading, though at a shallower pace. November soybeans hit a new contract low today (1007/bushel) and over the past five days have dropped another 8.25 cents (-0.8 percent). Falling soybean values have sparked purchases by importers. In addition to better weather pointing to a record U.S. crop, Brazil starts planting its 2024/25 crop next month. Another record in South America is expected though locals believe it will be a relatively small increase due to smaller profit margins.
Soymeal has held up the best, down just 10-cents (-0.03 percent) over the past week.
The former darling soyoil saw a new December contract low this week (38.87/pound) and...
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...
