SPREADS Dec crush improves to 80.63c/bu while oilshare is steady at 32.33% vs. 32% yesterday. Corn spreads firm with Dec/March into 11 3/4c from 12c and Dec 19/Dec 20 trading into 17c from 18c. The Dec/March corn spread trades from 1.00 1/2c to 1.03c. PALM OIL Dec down 5 ringgits. NEWS Stocks trading either side of unchanged, but mostly firmer. Chinese still out for holiday. REPORTS Export sales:
beans: 19/20 net 2.08 tmt (vs. 900-1.4 mmt good, over the expected) meal; 18/19 net 21,500 tmt and 19/20 net 136,800 tmt (vs. 50-350 tmt poor) soyoil: 19/20 net 2,500 tmt (vs. 5-40 tmt poor) corn: 19/20 net 562,600 tmt and 20/21 net 2,500 tmt (vs. an expected 400-800 tmt low end) wheat: 19/20 net 328,500 tmt (v...
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...
