THE OPEN Nov beans: 9 higher Dec meal: .20 lower Dec soyoil: 120 pts higher Dec corn: 4 higher Dec wheat: 10 higher Prices opened as expected with upside follow-through on a good technical close and chatter that China has come back and booked beans. Spreads also strengthened which helped the bull's cause. Later in the session soyoil prices turned lower from higher, taking bean prices along for the ride as a new headline was released that stated the EPA was considering cuts to biofuel blending obligations for 2020, 21, and 22. Chinese markets opened and stocks were down only fractionally, which helped to stabilize markets globally, particularly the US. SOY
Bean pric...
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...
