Good morning! An hour after the opening bell in Chicago, January soybeans are up 20 cents and above moving average-resistance after Presidents Trump and Xi reportedly had talks on trade and North Korea. President Trump tweeted that he and President Xi had a “very good conversation” that included several subjects with “a heavy emphasis on trade”. The market opened higher after this week’s Export Sales report featured larger-than-expected soybean shipments, even though sales and YTD exports remain in bearish territory. Traders pushed January soybeans to nearly 20-cent gains before selling at the 100-day moving average pushed the market lower.
WPI has mentioned several times that China holds the we...
What You Need to Know Today: Brazilian President Luiz Inácio Lula da Silva secured reelection on Sunday, defeating right-wing Senator Flávio Bolsonaro despite trailing in the first round of voting. The surprise victory triggered a sharp selloff in Brazilian financial market...
The 2026 midterm elections are a week from tomorrow, but early voting has been taking place for weeks. At stake is control of Congress, including the House of Representatives, where all 435 seats are contested, and the Senate, where approximately one-third of the seats are up for election. Farm...
Key Takeaways: Total U.S. crop acres (excluding hay) are forecast to expand fractionally this year due to greater oilseed crop and winter wheat plantings. One of the key drivers of this year’s crop outlook is input costs, and crops with a lower cost profile have an advantage in producers...
