THE OPEN November beans: 18 higher December meal: 6.60 higher December soyoil: 50 pts higher December corn: 9 1/4 higher December wheat: 7 1/2 higher The markets opened as called with fund buying activity note as well as profit-taking in oilshare. Buy meal/sell soyoil was a dominant feature of trade which sent soyoil prices into two-sided trade. Trade turned choppy as further oilshare losses spilled over into neighboring markets. SOY
The major feature in the soy complex was that of profit-taking in oilshare, with beans rallying at first but losing steam into the midday hour. While there are rumors that China could be inquiring for US beans, they have in fact been p...
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...
