THE OPEN Jan beans: 3 higher Dec meal: 1.10 higher Dec soyoil; 18 higher Dec corn: 2 higher Dec wheat: 5 higher The markets opened higher and found light profit-taking heading into the weekend. Oilshare traded firmer on unwinding of previous buy meal/sell soyoil trade. With funds long and adding this week, it would be natural for Friday to find end-of-week position squaring. Buy soy/sell grain trade and buy soyoil/sell meal were fan favorite spreads today. SOY
The soy complex started the day higher but the rally this week was met by an air of caution at new benchmark highs. Jan crush falls to 1.22c/bu while oilshare trades higher to 31.72%. The a...
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...
