THE OPEN July beans: 1 3/4 lower July meal: 2.90 higher July soyoil: 22 lower July corn: 1 3/4 lower July wheat: 11 3/4 lower Prices opened lower and continued to grind into fresh trading range lows except for meal. Weaker crude pushed corn and soyoil prices lower, with the EIA report data continuing bearish as well. Funds continue to sell on fundamental and technical bearish chart considerations. Oilshare continued to weaken on a meal bounce vs. weaker soyoil futures. SOY
The soy complex features included higher meal vs. lower soyoil futures, and beans more or less in the middle. Meal prices rebounded, but overall remain in a large down-trend as the impact of...
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...