THE OPEN Nov. beans: 1 higher Dec. meal: 2.80 higher Dec. soyoil: 40 lower Dec. corn: 4 1/4 lower Dec wheat: 3 1/2 lower The markets opened into more strength for beans and meal as another announcement was net positive, supporting ideas that demand from China could continue. Soyoil prices were saved at new low, even as crude oil prices trend lower. At 10:00 export inspections are as follows: beans: 114,253 mt vs. 184,988 mt week ago corn: 667,220 mt vs. 1,397,406 mt week ago wheat: 605,793 mt vs. 405,215 mt week ago Gist of the report was negative for corn and beans, neutral to good for wheat. SOY
The soy complex opened higher than expected for beans and...
What You Need to Know Today: Crude oil prices dropped sharply with traffic flowing through the Strait of Hormuz. There were reports that Iran was behind an attack on a cargo ship near the coast of Oman, which would be a violation of the memorandum of understanding between the U.S. and Iran. Pr...
On Wednesday, the White House submitted a national security supplemental spending request for $87.6 billion. The majority of the request includes funding for the conflict in the Middle East, but there are agricultural provisions as well. The supplemental funding package includes more than $11 b...
Can we really expect a bushel of corn to carry an environmental passport throughout the entire food system? One that reliably documents its carbon footprint, biodiversity impacts, water use, soil carbon, and other environmental attributes all the way from the farm field to the consumer? This is...
