THE OPEN May beans: 3 1/2 lower May meal: 1.10 higher May soyoil: 60 lower May corn: 5 higher May wheat: 4 3/4 lower The opening feature of the day was that of profit-taking in oilshare as crude oil dropped, and weaker wheat. Better rains in HRW wheat country pressured KC, which entered into double digit losses. SOY
The soy complex opened mixed but continued to find pressure. Bean prices consolidated while products traded lower. May soyoil tests 54c but it appears to be a successful trade, allowing for prices to bounce again. May meal tests trendline resistance at $410.00 but turns lower from there as pricings remain under the market now. Meal buyers re...
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...
