THE OPEN November beans: 6 higher December meal: 4.50 lower December soyoil: 155 pts higher December corn: 1/2 lower December wheat: 6 lower Markets opened as called with prices continuing to recover on the back of mostly technical considerations. Open gaps above the market now remain targets as new buyers see eventual gap-fill. SOY
The major feature in the soy complex was higher oilshare followed by minor profit-taking, as soyoil prices reached critical resistance and meal critical support levels. Demand from China and India for vegoils remains robust, while concerns over expanding cases of ASF calls for some concerns. A recently written article stated that trade sources...
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...
