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...
With no bullish surprise out of Beijing this week and good weather taking over many global crop areas, funds spent the past couple of days selling off the peak positions they had built. CNN’s Live Updates blared, “No signs Trump and Xi resolved any thorny challenges.” By...
The long-awaited meeting between President Trump and President Xi of China has concluded, and details are elusive, though Trump stated today that he and Xi made some “fantastic” trade deals. Both countries reported the meetings as a success, but that has more to do with positioning...
We at WPI hear frequently that U.S. agriculture is broken and needs fixing. This argument is often heard in MAHA-related discussions and focuses on highly processed food consumption or the overuse of pesticides and chemical fertilizers. Among farmers and food processors, however, especially tho...
