THE OPEN January beans: 1 lower December meal: 3.30 higher December soyoil: 14 lower December corn: 2 higher December wheat: 9 higher Prices opened about as expected with corn placing a new high but the soy complex finding more profit-taking heading into what appears to be a better pace of planting in SA. Given the breadth of the rally, a pullback was to be expected. Buy grains/sell soy was the trend of note, while oilshare and soyoil found some buying interest as meal prices turned two-sided. SOY
The soy complex started the day higher but since it is Friday found more profit-taking on morning strength as better rains continue in SA. Brazilian rains are scattered ea...
What You Need to Know Today: USDA reports are delayed until Tuesday due to the federal holiday on Monday. Over the weekend, President Trump announced a ceasefire between Russia and Ukraine. Russia warmly welcomed and confirmed this ceasefire by conducting more strikes against Ukraine. Specific...
On Saturday, 10 October, at a campaign rally in Clarksville, Tennessee, President Trump said that the U.S. and Mexico would come to terms on a new trade deal, and he said Canada does not need to be part of the deal. Trump called the coming agreement with Mexico “great” but gave no d...
Key Takeaways: The United States has steadily lost global wheat export market share since the 1970s, falling from the world's leading exporter to a projected fifth place in 2026/27. The rapid expansion of Black Sea wheat exports, driven by improved productivity and export infrastructure, has r...
