Grain trade was lackluster with profit taking and position squaring ahead of Thursday’s WASDE report. The livestock markets were another matter, however. The hog market imploded while cattle struggled to find direction after yesterday’s implosion. Wall Street is higher as of this writing with the S&P500 and Dow up fractionally. The U.S. dollar is flat/higher at 96.3 while crude oil futures reached seven-month lows. Crude oil has weakened significantly in recent weeks after a series of actions that some analysts say were motivated by President Trump purposefully attempting to lower prices ahead of the Midterm elections.
Corn December corn finished ¾ cents lower on low volume but remained above key movi...
What You Need to Know Today: USDA reports are delayed until Tuesday due to the federal holiday on Monday. Over the weekend, President Trump announced a ceasefire between Russia and Ukraine. Russia warmly welcomed and confirmed this ceasefire by conducting more strikes against Ukraine. Specific...
On Saturday, 10 October, at a campaign rally in Clarksville, Tennessee, President Trump said that the U.S. and Mexico would come to terms on a new trade deal, and he said Canada does not need to be part of the deal. Trump called the coming agreement with Mexico “great” but gave no d...
Key Takeaways: The United States has steadily lost global wheat export market share since the 1970s, falling from the world's leading exporter to a projected fifth place in 2026/27. The rapid expansion of Black Sea wheat exports, driven by improved productivity and export infrastructure, has r...
