THE OPEN November beans: 1 higher December meal: .30 higher December soyoil: 50 pts higher December corn: 3 higher December wheat: 6 higher The markets opened as expected but found selling and a choppy trade. Energies found profit-taking which impacted soyoil futures as new highs were set at the open. The lack of export sales announcements remains a bearish input for beans. While China is buying, it seems that they are purchasing cotton and palm oil, not other ags as promised in the Phased One deal. SOY
The soy complex opened as expected but after a labored rally beans found willing sellers. Soyoil futures/oilshare found profit-taking as well, after Dec. soyoil post...
What You Need to Know Today: The Personal Consumption Expenditures Index (PCE) rose 4.1 percent year-over-year, in line with expectations. Core PCE, which excludes volatile energy and food prices, rose 3.4 percent year-over-year, also in line with expectations. Bayer secured a favorable Suprem...
USDA released its Quarterly Hogs and Pigs report for 1 June today. There were 73.7 million head, which was down slightly from 1 June 2025, as well as from 1 March 2026. The hog herd sits at the same level it was on 1 September 2025 and is the lowest for June since 2023. From 2016, after the re...
Key Takeaways: Despite rising cost pressures — including the recent run-up in fuel and energy costs — U.S. cow-calf producers are facing another year of record-breaking revenues and net returns for 2026. Cost pressures — particularly non-feed variable costs — and...
