THE OPEN July beans: 11 1/4 lower July meal: 2.70 lower July soyoil: 77 lower July corn: 8 lower July wheat: 1/4 higher The collapse in crude oil futures continues to set the tone for a risk-off macro day of trade across equities and commodities. President Trump announced that the US would purchase oil for strategic reserves to be stored in underground caverns, as a new stimulus package has been agreed upon in Congress. Features of the day included weaker oilshare, and beans gaining on corn. Wheat prices continued to bounce around as headlines talk of restricted exports and perhaps tighter supplies. SOY
Weakness in oilshare and soyoil prices dominated trade as...
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...
