THE OPEN November beans: 10 higher December meal: steady December soyoil: 60 higher December corn: 2 higher December wheat: 2 lower Prices opened as expected but rallies did not get too far as some position-evening was noted on the rally. Moderate buying activity was noted early on the back of continuing chatter about production declines for Russia. Most traders are in the mindset that USDA will trim yields for corn, while bean yields may be left unattended. SOY
The major feature in the soy complex was that of higher oilshare once again. Buy soyoil/sell meal put oilshare values in Sep up to 46.78%. Sep. crush values traded at 1.16c. Soyoil gained on meal all day as prices...
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...
