THE OPEN Nov beans: 2 higher Dec meal: .20 higher Dec soyoil: 32 higher Dec corn: 3 higher Dec wheat: 7 higher The markets opened as called with the soy complex trending weaker after the open as grains stood its ground. The lack of business announcements remains a trouble spot for beans. Weaker energies weighed on oilshare. The US dollar traded to an 11-month high, which should have been a bit negative, but not an influence today as traders position in front of tomorrow's report. At the open, prices found more buying activity, particularly in the soy complex. SOY
The soy complex opened as called with tentative trade and spreads that were slightly firmer. Dec...
What You Need to Know Today: Traders are increasingly focused on next Wednesday’s August WASDE report, with corn and soybean yield estimates expected to drive the next major move in grain markets. Recent crop condition declines and late-July heat have increased uncertainty around USDA&rs...
Yesterday the Senate Agriculture Committee held its markup of the “skinny” farm bill, and it was derailed over Democratic opposition to plans for imposing food stamp costs on state governments. The Democrats pushed back on a provision that required states to pick up a larger share o...
Key Takeaways: WPI’s 2025/26 corn export models continue to reflect strong international demand and put the total marketing year volume slightly above USDA’s estimates. Strong old crop corn exports are offset by weaker feed and residual use, leaving ending stocks slightly ele...
