THE OPEN November beans: 5 3/4 higher December meal: 1.50 higher December soyoil: 25 higher December wheat: 1 higher December corn: 2 1/2 higher The markets opened on a firm note but wheat values traded lower pulling corn off the highs. Weaker grains pulled the soy complex lower with soyoil prices moving into the red first on the day. The most negative item for the day was the current weather pattern, which continued to show good rains crossing different portions of the Midwest. The Pro Farmer crop tour will enter states that have a chance of finding numbers more in line with USDA findings, which threw some caution into the market. SOY
Funds are probabl...
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...