THE OPEN Jan beans: 5 3/4 higher Dec meal: 4.40 higher Dec soyoil: 10 higher Dec corn: 1/4 higher Dec wheat: 1 1/2 lower The markets opened as expected with wheat prices turning lower but the soy complex trending higher as dryness concerns continue in SA. The soy complex remained firm as pullbacks continued to see buying interest. Lower trade guesses heading into the November report and higher exports continue to add interest in buying the market. Funds remain long everything as an increase in animal herds in China and a late planting season in SA keep uptrends intact. SOY
The soy complex traded higher on the day with meal gaining on soyoil prices. December m...
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...