What You Need to Know Today:
The G7 agreed to release 100 million barrels of crude oil and fuel reserves over four months, with a substantial diesel release front-loaded into the first 20 days. The announcement initially pushed crude oil lower on Friday, although it later recovered a portion of those losses. The September jobs report came in weaker than expected, with the U.S. adding just 29,000 jobs versus roughly 90,000 expected. The unemployment rate edged up to 4.2 percent from 4.1 percent, while July and August payrolls were revised down by a combined 60,000 jobs. Soybean demand has lost some momentum, with only one relatively small flash sale reported this week and Chinese buying slowing from the stronger pace seen earlier. The lack...
What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...
