THE OPEN January beans: 7 3/4 higher December meal: 1.30 higher December soyoil: 30 higher December corn: steady December wheat: 1 1/4 higher Prices opened as expected though wheat slipped lower on the day, revealing itself as the weakest market technically. The soy complex again entered into weaker oilshare as traders bought meal and sold soyoil. A general risk-off tone is pervasive heading into the uncertainty of next week's elections. In macro impact, the higher US dollar continues to be a negative, mostly impacting wheat. SOY
The soy complex was mixed today as soyoil prices slipped lower due to traders buying meal/selling soyoil. Jan crush traded to 1.28c/bu, an...
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...