THE OPEN March beans: 2 higher March meal: .10 lower March soyoil: 39 higher March corn: 1 1/4 higher March wheat: 1 higher The markets opened as expected with soyoil and oilshare trading into new highs for the move upward on the back of a strong palm oil market. Stronger soyoil values gave first direction to bean trade, which set new highs for the move up at the start of the day. First notice day for Jan. contracts is Dec. 31, with traders continuing to roll or liquidate. Spreads were firmer as we approach the end of the month. The markets were mixed at midday, weaker for meal with corn attracting a bit of selling pressure as well on signs of market strength. SOY
The major fea...
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...