THE OPEN March beans: 1 lower Jan meal: 1.00 lower Jan soyoil: 14 lower March corn: 3/4 lower March wheat: 2 1/2 lower The markets opened as called with prices turning lower led by soybeans, which in turn pressured grains. The weakness in the bean market surprised many traders, as there was not a fundamental link or trade story for the quick down-turn, which suggested that recent bulls were happy with the rally. The confirmed announcement for beans seemed to only have provided a buy-the-rumor, sell the fact trade. Spread trade continues to win the majority of the volumes with Jan contracts rolling to March or beyond. SOY
The bean market turned lower today after clo...
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...
