THE OPEN November beans: 3 1/2 higher December meal: 1.00 higher December soyoil: 11 higher December corn: 3/4 lower September wheat: 2 1/2 higher The markets opened as expected with buy wheat/sell corn and buy meal/sell soyoil fan-favorite spread trades. Oilshare values were higher while corn markets sold off into new lows. SOY
The soy complex traded on a firmer note with beans extending gains in the early going with soyoil prices putting in a firmer trade. November beans saw a good round of buying activity based on technical price action, while December soyoil futures climbed back over the 200-day moving average of 3048c, which triggered more buying. Dec so...
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...
