THE OPEN November beans: 4 higher December meal: .40 lower December soyoil: 38 higher December corn: 1 3/4 higher September wheat: 2 higher Prices opened in line with market expectations, with firmer oilshare courtesy of a weaker meal market. Light position - evening was the feature of the day, with short-covering in corn and profit-taking in wheat given its upside run. Funds purchased beans and soyoil after the market opened. SOY
The key feature in the market was that of firmer oilshare as a sharply higher palm oil market kept Dec. soyoil futures nicely supported during the session. Funds are only long a modest amount of soyoil, with the upside break-out triggering more...
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...
