Today was National Poinsettia Day, a plant that is supposed to symbolize goodwill and success but that is only true for the bears today. There was red all over Chicago and New York as investors counted their blessings of too much grain and too much risk. The only thing rising in value was the U.S. dollar, giving another reason to be bearish ags. There were a few outliers for the farm belt on Friday with soymeal, hogs and French wheat closing higher. For the week as a whole - livestock and Minneapolis wheat saw gains. The trends, if there are any, include the following:
It was the fourth straight week lower for SRW. It was a third week higher for cattle and hogs. It was a second straight week lower for corn, soybeans and s...
What You Need to Know Today: There has already been a strong run of flash soybean sales announcements in recent weeks, but more than 1.4 MMT reported this morning is an exceptionally large single-day total with major implications for the market. If the sales to China and unknown destinations w...
On Friday, at 6:57 AM, President Donald Trump announced, via a social media post, a 90-day window during which up to 300,000 metric tons of product for ground beef could be imported outside of tariff-rate quotas—a move aimed at bringing down costs for American consumers. This is the secon...
