Soybeans are up due to high soybean meal prices and demand from China, while corn and wheat are down. Cattle and hog futures are volatile, and crude oil prices fluctuate based on geopolitical tensions.

Despite initial concerns of escalating tensions in the Middle East, negotiations kept conflicts at bay, with worries of a potential spread to Iran. Harvest progress in Brazil remained dry, while Argentina anticipated beneficial rainfall. Cattle futures plummeted, prompted by a negative cattle on feed report, leading to significant declines in the market.

In today's commodities market, wheat, soybeans, canola, oats, and coffee showed mixed movement, while livestock, including live cattle and hogs, faced significant declines; precious metals such as gold, silver, and platinum experienced moderate gains, while energy commodities like crude oil, unleaded gas, and heating oil showed varied fluctuations.

Soybean futures surged but hit resistance at the 120-day moving average, stalling further growth; soybean meal, supported by strong exports, is in high demand due to Argentina's drought, which has depleted their supply, causing the US to become the primary source

Soybean prices surge as South American supply dwindles, while corn harvest lags and wheat remains stable despite Chinese interest. Cattle fluctuates, hogs weaken, gold holds steady, and the dollar stalls, hinting at a potential sell-off. Bitcoin dips, and crude oil fluctuates with expiring options.

Grain futures are softening on corn and wheat after a harvest weekend, despite recent gains post USDA crop report, with soybeans hitting $13; wheat prices show mixed trends with Chicago up and Kansas down; Brazil's dryness affecting planting progress and potential impact on US exports.

Grain futures softened after initial gains spurred by the USDA crop report. Soybeans surged, while wheat prices showed mixed trends. Dry weather concerns in Brazil and Argentina affected planting and exports.

We explore the recent USDA crop production report, closely examining its accuracy and the potential repercussions it carries. The episode hones in on a substantial decline in soybean yields and the resulting impact on market prices. Additionally, we discuss the hurdles facing Brazil's grain exports due to drought and river conditions, along with updates on […]

Amidst fluctuations in global oil prices, the market remains on edge due to escalating geopolitical tensions in the Middle East, with concerns that potential conflict involving Iran could disrupt oil supplies and push prices back up to the mid-90s or even breach the $100 per barrel mark. The volatile situation, driven by the threat of […]

Grain futures experienced an overnight rise, mainly driven by surging energy futures, particularly crude oil, which spiked due to Israel's declaration of war on Hamas. The fear of Iranian involvement in the conflict and its potential impact on Middle East oil production led to increased energy prices. Corn and soybean prices initially followed this trend […]