THE OPEN Jan beans: 11 higher Dec meal: 2.90 higher Dec soyoi: 61 higher Dec corn: 2 3/4 higher Dec wheat: 2 1/2 higher The markets opened higher with beans and soyoil place new contract highs. Oilshare is higher as well as traders buy soyoil/sell meal. Buy beans/sell wheat trade continues as a fan favorite trade as stocks-to-use ratio remains tight for the first and generous for the latter. Upward pressure continues in beans as they head into ration mode as exports will draw-down stocks. Beans and soyoil prices are also extremely overbought, suggesting that a pullback is needed to clean house at some point. SOY
The open continued to accelerate Jan beans to new contract h...
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...
