THE OPEN May beans: 2 higher May meal: steady May soyoil: 48 higher May corn: 3 1/2 lower May wheat: 7 lower The soy complex opened as called with prices placing new contract highs in soyoil with an upside break-out in the bean market out of recent congestive trade. Opening highlights included new contract highs in soyoil and further strength in oil share. Grains were reluctant followers, with recent new shorts in corn and wheat covering on soy complex strength. SOY
The soy complex put in an opening rally from the start of the trading session, with May beans exiting out of a period of consolidation (triangle formation), to the upside on further technical buying led by soy...
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...
