THE OPEN November beans: steady December meal: .80 lower December soyoil: 18 lower December corn: 3 higher December wheat: 3 1/2 lower The markets started out on a mixed note but buy corn/sell wheat and bean trade and buy soyoil/sell meal spreads were active trends for the day. Dec oilshare worked higher. There was light short-covering and bottom-picking in the corn market, which eventually tested the weekly trading range lows of the day. Net-net funds were sellers at the open on the day pushing price action back towards the lower end of ranges. SOY
The soy complex started the day higher, but prices soon turned mixed, despite reports that Chinese cru...
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...
