THE OPEN May beans: 1 lower May meal: .80 lower May soyoil: 8 higher May corn: 1/2 lower May weather: 8 1/2 higher The markets opened as expected with inverses recovering from a recent sell-off and prices popping off fresh lows. Buy bean/sell corn and buy soyoil/sell meal trade continues. Prices continue to now recover from end-of-month profit-taking, with an impressive performance today. Good rallies were noted, but the March theme of choppy trade may continue to persevere. SOY
May beans held on to key technical support levels from $13.75 to $13.80 with pricing, short-covering, and perhaps even new buying activity. November beans gained as well, after prices nearly tested the...
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...
