THE OPEN Jan beans: 4 lower Dec meal: 2.10 lower Dec soyoil: 12 lower Dec corn: 2 1/2 lower Dec wheat: 4 3/4 lower Prices buckled under the pressure of weaker cash markets, no business announcements, and profit-taking. Chartists were keeping an eye out on key support levels which found stops in corn, beans, and meal. Meal prices caved further as traders continued to buy soyoil/sell meal. Today marks the final day of the Goldman roll for December futures. SOY
The soy complex started the day lower and then entered into deeper losses on technical follow-through as first support levels were violated. Jan beans traded under key support at $11.45 which paved the way for lower t...
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...
