THE OPEN November beans: 5 lower December meal: 3.80 lower December soyoil: 90 higher December corn: 1 1/4 lower December wheat: 3 3/4 higher The markets opened as expected with more profit-taking as funds remain long and the weaker technical picture, lower demand currently, and improved weather finds more bulls opting out, except for soyoil. Spreads were mixed, while oilshare continued its bull market trend higher. Aside from soyoil, the other markets broke lower into the last hour of trade. SOY
The key feature for the soy complex was that of a weaker tone in meal as opening losses deepened on the back of buy soyoil/sell meal trade, pushing August oilshare to 47.68% and Sep. t...
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...