THE OPEN Jan beans: 10 lower Jan meal: 1.00 higher Jan soyoil: 69 lower March corn: 5 1/4 lower March wheat: 3/4 lower The markets opened lower with more fund selling and profit-taking into the opening hour. Rumors/chatter of possible Chinese bean wash-outs were noted in the market, as well as ideas that some US orders could be switched to Brazil for the Feb. time period. Oilshare also found profit-taking from lower palm oil prices. Wheat futures gained on corn, corn held up better vs. beans, and meal was higher vs. soyoil. SOY
The major feature in the soy complex was that of profit-taking in oilshare, with Jan values dropping back towards the 32.0% level with a trade to 32.30%...
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...
