THE OPEN July beans: 17 higher July meal: 4.90 higher July soyoil: 92 higher July corn: 14 higher July wheat: 8 3/4 higher The open was met with good buying activity allowing both soyoil and corn to place new contract highs. Hedging was less as many are still out on holiday. Oilshare found some light profit-taking on palm oil's lower price action, but all in all the very strong soyoil market still is supportive for the complex in general. Volumes were off today, which could make for a somewhat tentative close despite midday strength. SOY
The soy complex opened as expected with more fund buying. July soyoil trades to new contract highs at 65c, putting a solid spin to bean price...
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...
