THE OPEN July beans: 2 higher July meal: 2.20 lower July soyoil: 50 higher July corn: 9 lower July wheat: 21 lower The markets opened as called but later turned defensive once more with prices triggering stops when critical areas of support were breached. Bull-spreads continued intact, with firm prices noted and inverses strengthening. Oilshare started the day on a firm note but found more willing to book a profit. SOY
The soy complex started the day with the major features that of bull-spreading, and profit-taking in oilshare that helped meal to finally find a bid. Crush values firms to 93c/bu while oilshare trades around 45.58%. July bean prices worked lower foll...
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...
