THE OPEN Jan beans: 11 higher Jan meal: 4.00 higher Jan soyoil: 13 higher March corn: 2 3/4 higher March wheat: 2 1/2 higher Compact trade continues with a better rally out of wheat on short-covering and gains in the soy complex, meal performing better than soyoil. The markets are spending time in consolidation mode right now heading into the next round of reports. Volumes are off, given over mostly to spread trade as this is day 3 of the Goldman roll. SOY
The major feature in the soy complex was that of technical buying activity and more profit-taking in oilshare and soyoil as prices further consolidated price action. March crush slid to 91c/bu, (which is still a g...
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...
