THE OPEN March beans: 1 1/2 higher March meal: .50 lower March soyoil: 33 higher March corn: 1 14 higher March wheat: 9 higher The markets opened as called but beans turned two-sided with short-covering drying up on the back of poor export sales and good growing weather in South America. Oilshare continued its upward path as meal prices took out recent lows that triggered sell-stops. Sharply higher wheat helped corn to find a bid in order to trade back towards the highest end of the range, where more hedge pressure was noted. SOY
The major feature in the soy complex was that of a continuation of higher soyoil and oilshare prices. Bean prices, which had been responding to higher soyo...
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...
