THE OPEN Jan beans: 14 lower Jan meal: 6.60 lower Jan soyoil: 25 lower March corn: 4 lower March wheat: 1/2 lower The markets opened as called with a good bounce out of the wheat market stabilizing prices across the rest of the board. Short-covering was noted for the rest of the markets, with soyoil turning higher against meal briefly. Profit-taking was noted for the March wheat/corn spread, which was partially responsible for the wheat upside correction. SOY
The major feature in the soy complex was that of higher oilshare as Jan soyoil prices appeared to have met a cycle low at 3650c with a bounce back over 37c. Higher soyoil came on the back of firmer crude, which traded to $...
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...
