THE OPEN November beans: 9 higher December meal: 4.20 higher December soyoil: 30 higher December corn: 2 lower December wheat: 4 higher The markets opened as called with oilshare values heading higher, recouping losses, and beans/wheat firm vs. corn. SOY
The major feature of the market was that of higher oilshare as crude oil regained strength. This was the fourth consecutive session with a bean announcement, and it brought support to futures as prices traded higher. Technically November beans remain inside the day's range, but picks up some support at trading range lows of $13.15 to $13.20. Soyoil prices gained on meal for the day, with Sep. crush at 1.11c a...
Key Takeaways: Harvest pressure is fundamentally a timing issue: supply arrives much faster than demand can adjust, creating temporary weakness that can occur across crops and regions. The intensity of that pressure depends less on crop size alone than on how quickly grain moves into the syste...
Pork packer margins closed out September as positive, marking an improvement in a challenging 2026. According to Sterling Marketing, for the week ending 26 September, pork packer margins were $6.98 per head, which is up from a loss of $0.13 the previous week, more than double the margin of $3.9...
Wheat Argentina Argentina’s wheat conditions improved following the latest round of rainfall. Around 34 percent of the crop is now at heading or later stages, with the first harvests starting in the north and early yields coming in above historical averages. The area rated Good to Excelle...