THE OPEN November beans: 15 3/4 lower December meal: 2.00 lower December soyoil: 98 lower December corn: 2 lower December wheat: 2 1/4 higher The market opened with grains holding firm against a weaker soy complex trade, led by lower soyoil values. Oilshare was weaker as corn prices edged higher, and into new highs again. Beans were lower with concern over China's President Xi Jinping calling on China to react to US comments over the pandemic, as well as the push to sell hi tech missiles to Taiwan. Better rains in Brazil helped to alleviate some soil moisture deficits, but more rains must fall in November to be assured that planting will proceed as normal. SOY
The bean and meal...
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...
