The Market It has been a tough week thus far for soybeans and meal. The EU’s decision to delay its European Union Deforestation Regulation (EUDR) means there will be no break for U.S. exporters in competition from South America and Southeast Asia. The two days of decline have November soybeans down 1.85 percent thus far this week.
December soymeal has taken an even larger hit. Argentine soymeal is now selling at a discount and the EUDR decision has helped push Chicago meal down 3.37 percent thus far this week.
Soyoil was the only major agriculture futures contract in the green today. Boosted by sharply rising Malaysian palm oil prices and rising crude oil values, the December contract is up 5.1 percent thus far this...
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...
