THE OPEN July beans: 7 higher July meal: .30 higher July soyil: 84 higher July corn: 9 1/2 higher July wheat: 6 3/4 higher The markets opened as expected with prices turning higher led by July corn as the sale of corn to China supported bullspreads. Soyoil posts a new contract high from the start of the trading session. Bean bullspreads caved after the start of the day taking July beans for a mixed ride from a higher start to lower on the day. Oilshare found some midday profit-taking. SOY
The soy complex entered into a choppy day of trade as bullspreads weakened, breaking July beans back to the lower end of recent support levels and eventually into new lows when sell-stop...
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...
