THE OPEN July beans: 1 3/4 higher July meal: 1.10 higher July soyoil; 2 higher July corn: 2 higher July wheat: 1 lower The markets opened as called with more profit-taking in recent buy bean/sell corn trade. Funds are huge shorts in the corn market, and short-covering was not unexpected. Gains were posted in oilshare as beans/meal slid lower after the open. Lack of demand for beans and meat packing shut - downs created a need for price action to accommodate the loss of demand. SOY
Bean and meal prices were mixed on the day, starting higher but turning lower after the open on new fund selling. Rumors abound that China has purchased Brazilian beans into the summer, m...
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...
