GOOD MORNING, Prices started the PM session lower with corn prices slowly recovering led by wheat. Harvest proceeds forward as trading volumes are light. China is on holiday this week for Golden Week, which will add to fund control. Egypt announced an October 5 deadline for 30,000 mt of soyoil and 10,000 mt of sunflower oil. Beans continue to lose more vs. corn, trading into five-month lows. Lower bean prices may suggest to the farmer to plant more corn next year. The bean /corn ratio may slowly have the mission now to tick up in favor of corn given the USDA Sep 30 stocks number and better harvest potential for beans. A 250 mln bu bean carry-out is comfortable as is the rising stocks-to-use ratio. ...
What You Need to Know Today: The September Cattle on Feed report was strongly bullish, with both the 1 September on-feed inventory and August placements coming in well below average expectations and below the bottom of their respective pre-report estimate ranges. China continues to buy U...
USDA’s September cattle on feed report was released Friday, with the total number of cattle in feedlots with 1,000 head or more capacity amounting to 11.2 million head, 101 percent of last year. Placements dropped in August to their lowest total for the month since records began in 1996...
Key Takeaways: The U.S. herd is stabilizing, but growth remains modest. Total goat inventory rose 1 percent in 2026, while meat-goat numbers increased 2 percent, which is not enough to materially reduce import dependence. Domestic slaughter is rising from a low base. Commercial slaughter incre...
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Illuminating the value of technical research
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