THE OPEN July beans: 9 higher July meal: 2.00 higher July soyoil: 94 higher July corn: 1 higher July wheat: 5 3/4 higher The markets opened higher and quickly tacked on further gains. Bean and wheat prices led the rally based on technical direction and overnight strength. Beans gained on corn, and soyoil on meal. The index roll is on day 2 and is a major feature of trade and volume. SOY
Funds were back to buying the bean market as positions are lower than what they were a few months ago, allowing for further interest on pullbacks. The technical picture remains sound with prices now operating towards the upper portions of trading ranges. Spreads reb...
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...
