The Market Despite worries about used cooking oil imports, slow exports, and a drop in the NOPA crush, July soybeans closed the week up 9 cents (0.73 percent) at 1228/bushel. Traders must have Brazilian flooding on their minds. However, the November contract lost 2.5 cents (-0.18 percent) to end at 1203.25/bushel. July soymeal gave up 3.10 (-0.83 percent) and is valued at 368.8/ST. July soyoil goes into the weekend at 45.27/pound, a gain of 0.83 cents (1.8 percent). Palm oil saw a 2.26 percent gain on the week and is now worth 3,890 ringgits ($830.31)/MT. July canola dropped 0.18 percent to 662.4/MT.
Funds begin Thursday trade holding an estimated short in soybeans of just 51,000 contracts, along with a bean oil 66,000-contract short,...
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...
