THE OPEN Jan beans: 9 lower Dec meal: 3.30 lower Dec soyoil: 7 lower Dec corn: 5 1/4 lower Dec wheat: 2 1/2 lower Prices opened lower and continued to find small rallies at the open as opportunities to lighten up on length. However, oilshare values were higher, as soyoil made a turn-around trading higher from lower, which put a floor under beans. Gap - higher levels from earlier this week in beans and corn were challenged, but left open at midday. The absence of Chinese business over the last few weeks has been noticeable, and the rains over Brazil prompted some longs to take something off the table. SOY
The major feature in this market was that of higher oilshare as soyoil futures t...
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...
