THE OPEN July beans: 2 lower July meal: 3.00 lower July soyoil: 33 higher July corn: 3 lower July wheat: 3 lower The markets were wobbly overnight but quickly found their footings to climb to new contract highs once again. Oilshare was much higher as May contracts finally traded to 60c. Stronger bean prices accelerated the upside in beans, with corn prices higher as well. SOY
The key feature in the soy complex was that of a sharp rally in soyoil futures. Meal prices tried to follow, but buy soyoi/sell meal trade was the fan-favorite of the day. China continues to hunt for alternative feeds which leaves meal in a more vulnerable situation, while tight vegoil supplies...
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...
