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: 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...
