THE OPEN August beans: 3 lower, Nov beans 8 lower August meal: 2.50 lower August soyoil: 17 lower Sep corn: 6 lower, Dec corn 7 lower Dec wheat: steady The markets opened as called with soyoil futures and oilshare taking the lead to the upside, helping once again to stabilize bean trade. Inverses strengthened again particularly for July/Dec corn. At midday, soyoil prices continue to trend sharply higher, stabilizing beans but bringing pressure to meal. SOY
The soy complex feature of the day was that of recovering soyoil futures, which quickly traded higher on the day. August soyoil trades past 60c confirming a possible 57c to 60c range or higher, most likely back towards...
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...
