THE OPEN November beans: 2 higher December meal: .60 higher December soyoil: 21 higher December corn: 1 1/2 lower September wheat: 2 3/4 lower The markets opened on a mixed note, but weakness in soyoil and wheat weighed on prices elsewhere. Bean inverses remained well bid as more business announcements came through. Oilshare was weaker. Buy bean/sell corn trade continued. SOY
The soy complex opened as called but prices soon turned mixed as December soyoil futures traded both sides of unchanged. Nearby bean spreads continued to strengthen as good demand vs. ideal weather continued to play out. August/Nov beans traded to 5 1/2c inverse with Sep/Nov moving...
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...