THE OPEN May beans: 3 1/2 lower May meal: 1.10 higher May soyoil: 60 lower May corn: 5 higher May wheat: 4 3/4 lower The opening feature of the day was that of profit-taking in oilshare as crude oil dropped, and weaker wheat. Better rains in HRW wheat country pressured KC, which entered into double digit losses. SOY
The soy complex opened mixed but continued to find pressure. Bean prices consolidated while products traded lower. May soyoil tests 54c but it appears to be a successful trade, allowing for prices to bounce again. May meal tests trendline resistance at $410.00 but turns lower from there as pricings remain under the market now. Meal buyers re...
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...
