THE OPEN November beans: 4 1/2 higher December meal: 2.90 higher December soyoil: 5 lower December corn: 3/4 lower December wheat: 1 1/4 lower The markets opened as expected with further new highs in beans and profit-taking in oilshare. Meal prices broke out to the upside after seeing very subdued price action for most of the week. Corn prices continued to back away from morning highs trading into the red. Poorer weather forecasts, strong overseas markets, and continued demand from China held prices in check as grains and soyoil entered into more back and fill trade. SOY
The soy complex opened as called with profit-taking in oilshare. December meal prices tra...
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...