THE OPEN March beans: 2 higher March meal: .40 higher March soyoil: 20 higher March corn: 1 3/4 higher March wheat: 4 1/2 higher The markets opened the day on a firm note as called, but bean prices quickly turned two-sided with March meal dropping to new lows triggering sell-stops. Buy grains/sell soy trade emerged, with wheat rallying. March wheat maintained strength on a technical basis, while oilshare firmed on meal weakness vs. soyoil price strength. SOY
The soy complex trade was choppy, with funds selling beans and meal from the opening bell. March beans traded down through $9.50 again, while March meal sliced through key support at $300.00, triggering sell-stops and a move to the low...
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...