THE OPEN
Nov beans: 3 ½ lower Dec meal: 0.10 lower Dec soyoil: 22 lower Dec corn: steady Dec wheat: 1 ½ lower
The markets started on a tentative note but firmed shortly after the open as corn bears covered on lower prices with buying noted across the board (except for soyoil). Wheat found support from the snowstorm that is due to arrive this week. Beans found support from the potential for this storm to bring an end to the beans maturing in the Dakotas and Nebraska. Oilshare corrected from the highs this week as traders bought soymeal/sold soyoil on the cold snap forecast later in the week. The day’s theme was short covering, even as macro headlines were more pessimistic in terms of a trade deal. In terms...
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...
