THE OPEN November beans: 24 lower December meal: 4.20 lower December soyoil: 110 pts lower December corn: 3 1/2 lower December wheat: 6 3/4 lower The markets opened lower but better bean ratings vs. a small decline in corn took front and center stage. The Census crush number for soyoil was also a negative yesterday, which impacted trade. Selling pressure intensified for the soy complex sending beans and soyoil down to recent trading range lows, while grains were weaker, but mainly due to consistent selling pressure throughout the day. SOY
The soy complex started the day with losses but fund liquidation was noted in beans as better ratings and the lack of recent export activity result...
What You Need to Know Today: American and Mexican officials met Tuesday and will meet again Wednesday for another round of trade talks, where ag and energy will be a key topic. Another round is scheduled for 20 July. Ag groups are urging President Trump to renew USMCA for another 16 years, but...
Since the first U.S. case of New World Screwworm (NWS) was confirmed on 3 June, USDA has confirmed 12 cases. The latest was confirmed in a sheep on 12 June, with four additional cases confirmed in Texas on 11 June, three in cattle and one in a goat. The New Mexico case confirmed that the infect...
Key Takeaways: China has invested heavily in the Port of Chancay to strengthen trade links between South America and Asia. The port could reduce shipping times to China by up to two weeks and improve export competitiveness. Inland transportation infrastructure remains the primary obstacle to r...
