THE OPEN July beans: 1 3/4 lower July meal: 2.00 higher July soyoil: 1.40 lower July corn: 3 higher July wheat: 1/4 lower Prices opened as called but the soy complex was defensive at the open led by lower soyoil values. Corn prices found quick support heading higher against the soy. Main trends were firmer grains vs. soy, and higher meal vs. weaker soyoil as traders booked profits in oilshare. SOY
The soy complex was in defensive mode after the start of the trading session, with a large sell-off in July soyoil into key lower support at 6450c where sell-stops were triggered taking prices to new lows at 64.28c. Traders found the sell-off handy to reapply buy soyoil/sell meal 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...
