THE OPEN March beans: 4 1/2 lower March meal: .60 lower March soyoil: 41 lower March corn: 1 lower March wheat: 3/4 lower The markets opened lower across the board, with stocks and commodities weaker, which produced an across-the-board day of selling activity from the open. However, lower prices quickly turned higher in the grains. Corn was the upside leader today in terms of more business announcements and technicals as prices remained higher, over key moving averages of $3.87 for the March contract. Buy corn/sell beans and wheat trade continued as corn shorts elected to get something covered in lieu of the larger commitment of trader's positions to the short side. SOY
The soy complex tra...
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...