The Market The trade is spooked about the current weather pattern. This is especially true for corn but it is becoming a factor in oilseeds as well. This week’s Drought Monitor showed 51 percent of soybeans in the U.S are now drought conditions. Add to that another cut in Argentine soybean production and the impacts of El Nino on palm oil production in Southeast Asia. Meanwhile, demand stays strong with NOPA May crush a record for that month. In the end, it is clear why a weather premium got added late this week ahead of a three-day holiday hiatus for the market. For the week, July soybeans added 80 cents (5.7 percent), July meal went up $19.20 (4.8 percent), and July soyoil gained 5.1 cents (9.3 percent).
For the week endi...
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...
