THE OPEN January beans: 1 lower December meal: 3.30 higher December soyoil: 14 lower December corn: 2 higher December wheat: 9 higher Prices opened about as expected with corn placing a new high but the soy complex finding more profit-taking heading into what appears to be a better pace of planting in SA. Given the breadth of the rally, a pullback was to be expected. Buy grains/sell soy was the trend of note, while oilshare and soyoil found some buying interest as meal prices turned two-sided. SOY
The soy complex started the day higher but since it is Friday found more profit-taking on morning strength as better rains continue in SA. Brazilian rains are scattered ea...
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...