THE OPEN Nov beans: 3 higher Dec meal; 2.70 higher Dec soyoil: 34 lower Dec corn: 1 1/2 higher Dec wheat: 3 1/2 lower The markets opened as expected with more strength in bean and meal prices while soyoil and wheat prices struggled. Price action was choppy as some bulls took profits and others perhaps entered as new shorts on the rally in anticipation of trading range activity. SOY
The major feature in the soy complex was that of weaker oilshare as traders unwound prev. buy soyoil/sell meal trade. Dec crush trades 45.46% with oilshare at 86c/bu. Palm is on holiday, offering little direction, while crude oil prices ease today. Bean prices put in an encouraging performance, driving beyond $13.00 f...
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...
