THE OPEN May beans: 4 3/4 lower May meal: 2.10 lower May soyoil: 20 lower May corn: 4 1/4 lower May wheat: 12 lower The markets opened as expected with meal prices turning higher as traders booked profits on recent buy soyoil/sell meal trade. Wheat prices continued to sell-off in terms of technical chart points. Buy corn/sell wheat spread trade was a fan-favorite. Volumes remain low with holidays in China and Brazil. SOY
The soy complex traded mixed with traders taking profits on oilshare and meal rallying on the back of extreme cold temperatures. May crush trades up to 71c/bu while oilshare falls back under 35.0% to 34.90%. Higher palm oil initially lifted so...
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...
