THE OPEN Jan beans: 9 lower Dec meal: 3.30 lower Dec soyoil: 7 lower Dec corn: 5 1/4 lower Dec wheat: 2 1/2 lower Prices opened lower and continued to find small rallies at the open as opportunities to lighten up on length. However, oilshare values were higher, as soyoil made a turn-around trading higher from lower, which put a floor under beans. Gap - higher levels from earlier this week in beans and corn were challenged, but left open at midday. The absence of Chinese business over the last few weeks has been noticeable, and the rains over Brazil prompted some longs to take something off the table. SOY
The major feature in this market was that of higher oilshare as soyoil futures t...
Weather concerns and the impacts of the war in Iran helped push wheat and corn to sharp gains Tuesday, with both markets blowing past key technical resistance levels. The weather is now coupled with geopolitical tensions that look increasingly hard to resolve, which is giving funds the perfect...
Congress is moving forward with its FY 2027 spending bills, while also still working to address FY 2026 funding for the Department of Homeland Security, which is still in a shutdown. The House Agriculture-FDA Appropriations Subcommittee marked up and passed its FY 2027 bill. The House bill prov...
Mediterranean/Middle East/North Africa/Africa – MEA Region Tunisian researchers have been able to fully sequence the genomes of two local durum wheat types that have been grown in Tunisia for generations. They say that this “could be the key to developing more climate-resistant duru...