THE OPEN July beans: 21 higher July meal: 3.40 higher July soyoil: 120 pts higher July corn: 13 1/2 higher July wheat: 8 1/2 higher The markets opened into strength and found upside technical follow-through and new highs as funds returned as market buyers. Oilshare strength and stability for nearby bean spreads were features, but corn inverses remained under pressure as July contracts are rolled forward. Forecasts for hot and dry weather with limited rains in the Northern Plains underpins the markets and is the central focus. SOY
The main feature in the soy complex was that of higher oilshare as soyoil quickly traded back over 70c in the July contract while meal prices congested at t...
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...
