THE OPEN Beans: Aug. up 1 and Nov down 3 Meal: 2.50 lower Soyoil: 60 pts higher Corn: 5 1/2 lower Wheat: 6 1/4 higher The markets opened as expected with soyoil futures gaining quickly on the rest of the board. Strong oilshare once again attempted to pull beans higher, but later in the session bean strength could not hold. Meal prices worked lower as the largest feature on the day was that of buying soyoil/sell meal, and buying wheat/sell corn. SOY
The feature of the day was that of higher oilshare. August crush traded up to 1.01c/bu while oilshare traded to new highs for the recovery move to 45.92%. Strong palm oil, canola, and energy prices supported vegoils...
The corn and soy complex closed higher, with the wheat market mixed, as winter wheat closed up but spring wheat and livestock ended lower. Part of the strength for corn and soybeans may have been a weather premium, as crop planting has started out fast but warm weather has been slow to develop...
Real GDP grew at a 2 percent annual rate in the first quarter of 2026, slightly below the consensus expectation of 2.3 percent but above the 0.5 percent growth in Q4 2025. The GDP number matches the average annualized pace of growth since the peak back in late 2007, right before the Financial P...
Reflect for a moment on what you eat. There is a lot of advice out there in the ether about what you should eat, but really, what do you currently eat and how much? The good people at the USDA have some data for you, to help you answer that question. USDA says that we eat quite a bit of meat. L...