THE OPEN:
July beans: 7 higher July meal: 1.20 higher July soyoil: 35 higher July corn: 2 3/4 higher July wheat: 1/2 higher
Prices opened as expected with more traders cleaning up position in front of what is going to be a very chilly weekend. Cold weather extremes will likely keep markets well bid. The commitment-of-trader's report will be released which will likely show traders playing it close to even on beans, slightly short productions, slightly long wheat, and net short corn to the tune of 200K. Beans remained the most impacted by recent news, as prices climbed to new highs for the rally off recent lows. It was reported that US and Chinese high-level reps spoke by phone and vowed to continue to support the trad...
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...
