THE OPEN Jan beans: 15 1/2 higher Dec meal: 5.20 higher Dec soyoil: 18 higher Dec corn: 3 1/4 higher Dec wheat: 2 1/2 higher The markets opened higher but a collapse in soyoil prices led to a round of profit-taking elsewhere on the board, setting a stage for a badly needed market pullback if only to alleviate overbought extremes. Corn prices fell into good scale down commercial pricing interest along with meal. SOY
The soyoil market opened higher but it was not a convincing move and weaker overnight palm and crude oil set the stage for profit-taking. Dec. soyoil prices dropped below 39c which triggered sell-stops and a test close to 38c once again. Meal prices were...
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...
