THE OPEN May beans: 6 higher May meal: .90 higher May soyoil: 11 lower May corn: 3 1/2 higher May wheat: 1 lower The markets opened as called with the soy complex entering into still higher trade. The sale of corn to China makes it nearly 4 mmt that they have been purchased in the past four days. Buy corn/sell wheat and buy meal/sell soyoil trade was the early morning feature. Bull-spread activity continues, which pushes deferred contracts into new lows, or towards the lower end of recent trading ranges. The US /China meeting in Alaska was reported to be fairly confrontational and tense as current tariffs and trade discussions continue. SOY
The main feature i...
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...
