Markets started the Sunday evening session firm and finished that way. Wheat was the leader with small gains in all three markets. Meanwhile, corn and soybeans were steady to fractionally higher. Rains missed most of the key growing regions in Argentina, and that kept the soy complex firm overnight. There are still several chances for more widespread rain showers across Argentina and southern Brazil. As the two-week precipitation forecast map below shows, however, the final result will still be below normal. Soybeans and soymeal futures opened today’s session with small losses.
This morning USDA announced the export sales of 396,000 MT of soybeans and 168,000 MT of sorghum, all to China. U.S. equity markets started the day very st...
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...
