THE OPEN:
Nov beans: 2 1/2 lower Dec meal: .50 lower Dec soyoil: 20 lower Dec corn: 2 lower Dec wheat: 3 1/4 higher
The markets opened as called, which was mostly weaker (except for wheat). Selling was noted for the soy complex out of the starting gate, with more buy grains/sell soy spread trade. Oilshare and the crush worked their way lower. By the middle of the day it was clear that bears were going to win the battle with most of the markets, except wheat, trending weaker. SOY The soy complex worked lower today as the sell side of a buy grains/sell soy spread trade. Better rains are now forecast next week for Brazil, and plantings in the major producing-state of Mato Grosso can begin. Weaker currencies are giving Brazilian far...
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...
