THE OPEN July beans: down 1 1/2 July meal: .90 higher July soyoil: 38 lower July corn: 1 1/4 lower July wheat: 4 lower Prices opened as expected but soon turned lower as funds came out selling once again. Crude oil prices dropped once more, which offered some light resistance to corn and soyoil futures. Oilshare weakened as soyoil demand is hit due to the virus, and building storage problems created more downside. SOY
Funds started the day by selling, with soyoil futures working lower on the back of weaker palm, (trading to new contract lows) and crude. July oilshare trades just below 31.0% to 30.95% where prices find some stability. July soyoil triggers...
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...
