THE OPEN Nov beans: 4 1/2 higher Dec meal: .90 higher Dec soyoil: 33 higher Dec corn: 3/4 higher Dec wheat: 4 lower Prices opened as called with a higher soy complex values vs. weaker grains. Wheat prices continued to journey lower after the open while corn ran into slightly better support after placing new trading range lows for the move down. Funds are an estimated flat in corn, short 80K contracts in beans, and short 5K wheat. Spreading was abundant with buy beans/sell grain trade intact for much of the trading session. SOY
November beans pushed through minor resistance levels to bounce higher with products tagging along for the ride. For the day, soyoil futures...
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...
