THE OPEN July beans: 2 1/2 lower July meal: 1.20 lower July soyoil: 3 higher July corn: 3/4 higher July wheat: 3 lower Prices opened as called but funds were back to selling the markets again after the open. The digestion of the May numbers still suggests that stocks could build, bringing a defensive tone to the market as weather remains neutral. Oilshare was firmer as prices once more went on the defensive. Wheat prices traded both sides of $5.00 after reaching new lows for the move down. SOY
The feature in the soy complex was that of firmer oilshare, as soyoil prices traded either side of even, with July prices back over 26c as has been the overall trend. A...
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...