THE OPEN November beans: 2 lower December meal: .10 higher December soyoil: 14 lower December corn: 1 higher September wheat: 3 1/2 higher Prices opened as expected with more unwinding of previous buy bean/sell corn trade. The forcing of the closure of the Chinese consulate in Houston over IP theft issues triggered negative comments and threats of retaliation from China, which weighed on beans, while more business announcements put a floor under technical weakness. Oilshare entered into profit-taking mode as well. SOY
The key feature of the soy complex was that of more long liquidation in beans, as traders were nervous after renewed tensions flared between the US/China. Beijing has vowed t...
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...
