THE OPEN
November beans: 3 1/4 higher December meal: .70 higher December soyoil: 18 lower December corn: 2 3/4 higher December wheat: 1 1/2 lower
The markets worked higher on technical follow-through from yesterday's reversal price action, which was a result of different stories/tweets regarding biofuels and trade talks. As to the first; Reuters announced that Trump said the administration planned a "giant package" related to ethanol. The second was confirmation as to perhaps a better outcome for trade talk negotiations. The Chinese Commerce Ministry made statements that implied that China and the US are making plans for the next face to face talks in September. In the meantime, China said they would refrain from takin...
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...
