Today’s Export Sales report from USDA held vastly different information for commodities in the grains complex. The report was decidedly bearish wheat, neutral/slightly bullish corn, and bullish soybeans. Each of the three futures markets responded in kind today, with wheat heading lower, corn mostly steady, and soybeans putting on a solid premium. Livestock markets were sharply higher today with feeder cattle touching limit highs in the afternoon
Outside the CBOT/CME walls (rather, electronic trading data centers), U.S. equities are higher with the Dow up 320 points (1.32 percent) as of this writing and the S&P 500 up 24 points (0.91 percent). The CBOE’s VIX index is down 1.5 percent while COMEX gold is down $15.70/...
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...
