THE OPEN Nov beans: 1 lower Dec meal: 1.20 lower Dec soyoil: 20 higher Dec corn: 2 higher Sep. wheat: 1 lower The markets opened as expected with corn prices seeing a round of short-covering off the AM announcements of biz to China. First notice day is Friday for August futures, as we hit the delivery period. Outside markets influenced price action with the Dow falling over 400 pts as bad economic numbers rolled in. December soyoil futures had a large break given its connection to crude, which broke the $40/barrel level during the early going as Covid fallout persists. SOY
The soy complex opened as called with soybeans trading higher on good new crop export sales. However, it...
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...
