THE OPEN May beans: 1 1/2 higher May meal; 1.50 higher May soyoil: 10 lower May corn: 2 higher May wheat: 2 1/2 higher The markets opened mostly higher, but strength did not last long, as higher markets need energy and volumes to trade upward. Today continued to be about more light position-squaring into the April report, and a 3-day weekend. Volumes in spreads increased as this is day two of the Goldman roll. SOY
The soy complex started the day on a firmer note, but weaker soyoil chart direction weighed on beans. Beans continue to suffer from a lack of demand, though prices are mainly sideways. Meal prices were firmer for a change, with May bouncing of...
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...
