THE OPEN Jan beans: 6 3/4 higher Dec meal: 2.80 higher Dec soyoil: 48 higher Dec corn: 1 3/4 higher Dec wheat: 3/4 higher Prices opened as expected with more buying interest on the back of the Nov. USDA report. Beans continued to see early buying interest, while wheat prices traded both sides of unchanged, which later weighed on corn. Grains turned mixed as oilshare values put in firmer trade on higher energies and palm. The lack of business announcements and better chances for SA precip. elicited profit-taking. Today is day 4 of the Goldman roll as traders roll Dec. contracts forward. SOY
The key feature of the soy complex was that of higher oilshare. Dec. s...
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...
