THE OPEN March beans: 1 lower March meal: .40 higher March soyoil: 11 lower March corn: 1 3/4 lower March wheat: 1/2 higher Prices opened as expected with traders back to buying beans and selling corn. Short-covering in soyoil stabilized bean trade, which saw strength from the start of the trading session. One corn specific headline involved China suspending its national ethanol mandate, which suggests they may not import ethanol to blend in the new trade deal. Beans continue to see support from the signing of the deal on Jan 15, an expected bullish USDA report, and future possible Chinese purchases. Funds are an estimated net short 8K contracts of beans, 20K meal, and 90K corn, wh...
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...
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