General Comments Soybeans set the trading pace overnight with strong gains, and those gains pushed prices even higher when today's session started trading. The super strong export sales pace and strong basis levels are the driving forces. USDA announced another 115,000 MT of soybean sales to China this morning. The ride higher in soybeans did not support corn and only marginally supported wheat.Outside markets were mixed today with crude oil down $0.50-1.00 a barrel. U.S. equity markets started the day mixed, but eventually turned higher. This was the seventh consecutive week of a higher close in U.S. equities. Metals markets were also mixed. The dollar was quite weak.Today was the last trading day for options against the December futu...
Accountability and a comprehensive approach to export programming
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What You Need to Know Today: Chinese purchases of U.S. soybeans continued to accelerate, with USDA reporting another 558 KMT sold to China and 236 KMT to unknown destinations. Combined with sales announced Wednesday and Thursday, the latest purchases bring the three-day total to approximately...
Key Takeaways: With the fall calf run now upon us, producers are finally getting a glimpse of what their realized profits will be for 2026. Some producers may have already obtained a strong estimate of 2026 revenues, especially if calves were forward sold in, for example, the mid-summer...
As fall begins, wild migratory birds are starting their seasonal migration. That has the industry and government officials worried about the potential spread, again, of highly pathogenic avian influenza (HPAI). Some members of Congress have called for the United States to be prepared for a pote...