THE OPEN Nov beans: 2 higher Dec meal: .90 lower Dec soyoil: 50 higher Dec corn: 1 higher Dec wheat: 2 lower The markets opened as expected but it was downhill again from there as the soy complex turned red and corn made new lows. Funds continue to liquidate out of length before the report and as harvest resumes. Buy corn/sell wheat and flip-flopping in oilshare were dominant features of trade. Into the midday hour, prices turned higher from lower signaling the kick-off to a possible congestion phase into report time. SOY
The soy complex opened higher but turned two-sided as soyoil broke lower on the day from a sharply higher overnight trade. Soyoil prices whip-sawed arou...
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...
