THE OPEN Beans: Aug. up 1 and Nov down 3 Meal: 2.50 lower Soyoil: 60 pts higher Corn: 5 1/2 lower Wheat: 6 1/4 higher The markets opened as expected with soyoil futures gaining quickly on the rest of the board. Strong oilshare once again attempted to pull beans higher, but later in the session bean strength could not hold. Meal prices worked lower as the largest feature on the day was that of buying soyoil/sell meal, and buying wheat/sell corn. SOY
The feature of the day was that of higher oilshare. August crush traded up to 1.01c/bu while oilshare traded to new highs for the recovery move to 45.92%. Strong palm oil, canola, and energy prices supported vegoils...
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...
