THE OPEN Jan beans: 15 higher Dec meal: 450 higher Dec soyoil: 1.03 higher Dec corn: 8 3/4 higher Dec wheat: 12 higher The markets opened higher as anticipated with solid closes and positive technical price action bringing more buying to the table. Funds purchased the open, and more into the session. Good export sales and new fund inflows resulted in new ctr highs in the soy complex and higher trade for grains. Higher outside markets set the stage for a macro day of fund buying as the US dollar trades down to its recent lows. SOY
Good export sales, an expected friendly USDA report, and dry weather in Brazil and Argentina continued to underpin beans, which once again regai...
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...
