U.S. wheat and corn exports for their current respective marketing years are on track with the prior year and ahead of their five-year averages.
U.S. soymeal exports are on track with both last year and the five-year average. By contrast, soyoil exports are thus far below both last year and the longer-range trend.
The real standout has been soybean exports, ahead on both metrics and largely due to buying by China. But there have been no newly announced soybean sales to China in 19 days. The U.S. electorate may have fired President Trump yesterday and this raises the question of whether China remains committed to the Phase One purchasing agreement they struck with Mr. Trump? It can be argued that the Middle Kingdom needs the supp...
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...
