In what has been an intense week of market activity, Friday’s action was at once modest but demonstrative of the volatile path ahead.
Volume was constrained, except in soyoil and SRW, two contracts that closed higher today and for the week.
The cattle market continued its march higher with new highs for both live and feeder contracts.
Wheat has now bottomed out and corn cannot seem to break a bottom that fundamentals imply s due.
It is a dry finish to dry North American growing season, and many believe that this week’s WASDE report was not the final word on its impacts.
For the week, soyoil is back in the winner’s circle for the largest gains, while its sibling, soymeal, took the larg...
What You Need to Know Today: Markets got a surprise with a corn yield of 181.2 bushels/acre in the October WASDE, above the average estimate of 177.6 bushels/acre and up from USDA’s September estimate of 178.5 bushels/acre. Although stronger demand is expected to absorb some of the addit...
Key Takeaways: On Friday afternoon, President Trump announced that Russia will “immediately supply over 300,000 Tons of Diesel Fuel” to the United States. The deal, typical of this administration, is light on details but promises an additional 500,000 tons in November and 1 m...
The USDA has lowered its 2026 red meat production forecasts slightly while forecasting a slight increase in broiler production. Beef is now projected at 24.802 billion pounds, 75 million pounds less than in September. Cow slaughter is expected to be up; however, this will be offset by lower ste...
