THE OPEN Nov. beans: 14 higher Dec meal: 5.70 higher Dec soyoil: 125 pts higher Dec corn: 19 higher Dec wheat: 9 1/2 higher The markets opened higher, but the PM highs were not exceeded, and light profit-taking was noted as we head into the last trading day before the holiday weekend. Beans gained on corn and wheat, corn gained on wheat, and meal gained on soyoil. July corn prices set new contract highs but also traded both sides as it prepares to head into the last two weeks of its contract. SOY
The soy complex opened higher but prices receded from strength as the session continued, and soyoil traded both sides of even. The strong rally likely induced some farmer selling...
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...
