THE OPEN May beans: 16 lower May meal: 5.40 lower May soyoil: 58 lower May corn: 6 lower May wheat: 9 1/4 lower Prices opened as expected with recovery trade particularly in soyoil from the open. Meal turned higher on oversold conditions as oilshare was lower. Wheat lost to corn, and beans to corn. Outside markets continued to apply pressure with the Dow sharply lower on liquidation. Deliveries were minimal with no beans, soyoil, and only 7 meal out of Incobrasa in Gilman which were stopped. Sharply lower canola and weaker crude weighs on the market. SOY
The soy complex traded lower today, with prices putting in some recovery trade initially with a short-cover...
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...
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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...
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