THE OPEN May beans: 15 higher May meal: 5.40 higher May soyoil: 50 higher May corn: 4 higher May wheat: 6 1/2 higher The markets opened as called with wheat triggering buy-stops as prices traded above recent highs. Oilshare remained the leader on the board, traveling to new highs on vegoil strength. Buy bean/sell corn trade continues as the acreage fight heats up. SOY
The soy complex was led by soyoil once again, which opened on a steady note but traded sharply higher after the open. March soyoil trades above 50c to 5150c, levels not seen since 2014. Crude oil prices helped soyoil to firm, while canola futures took a time-out to consolidate some of its recent gains. ...
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...
