THE OPEN May beans: 9 3/4 lower May meal: 3.50 lower May soyoil: 21 lower May corn: 4 1/2 lower May wheat: 1 1/2 lower The markets opened lower with more fund selling as charts were building in resistance and rains are forecast to fall in Argentina and the US plains. Beans were losing the most, but soyoil futures came roaring back from a hard break to trade to new contract highs. The strength in soyoil futures caught bears in beans flat-footed, which produced a short-covering rally in beans and meal. Corn prices followed, but grains remained generally weak led by wheat. SOY
The soy complex worked lower today led by beans and meal. Soyoil prices broke hard at first but managed an earl...
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...
