THE OPEN July beans: 7 higher July meal: 3.20 higher July soyoil: 84 higher July corn: 7 1/2 higher July wheat: 11 higher The market opened as expected with profit-taking in front of a mostly clear planting window, and the need to alleviate very overbought market extremes. Grains and soy traded both sides while soyoil stayed well supported throughout the session. Breaks found quick support from end-users and shorts who wanted to quickly cover something in. SOY
The soy complex feature of the day was that of higher oilshare with July trading up to 43.36%. Traders continue to buy oilshare, which pushes meal prices lower on the day with July back towards $425.00. Soyoil prices were highe...
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...