THE OPEN Jan beans: 14 lower Jan meal: 6.60 lower Jan soyoil: 25 lower March corn: 4 lower March wheat: 1/2 lower The markets opened as called with a good bounce out of the wheat market stabilizing prices across the rest of the board. Short-covering was noted for the rest of the markets, with soyoil turning higher against meal briefly. Profit-taking was noted for the March wheat/corn spread, which was partially responsible for the wheat upside correction. SOY
The major feature in the soy complex was that of higher oilshare as Jan soyoil prices appeared to have met a cycle low at 3650c with a bounce back over 37c. Higher soyoil came on the back of firmer crude, which traded to $...
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...
