THE OPEN Jan beans: 19 1/2 lower Dec meal: 10.60 lower Dec soyoil: 79 lower Dec corn: 12 lower Dec wheat: 12 3/4 lower The markets started a much-needed correction to the downside on a macro risk-off day of selling pressure, which also brought about a higher US dollar. Charts were a bit more on the negative side with small reversal patterns showing which prompted long liquidation, and the start of correcting extremely overbought conditions. The mission of the market now is to define an appropriate trading ranges from the top. SOY
The soy complex traded lower on the day as technical profit-taking took place in order to correct extreme overbought conditions. End-users helpe...
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...
