Soybeans– Argentina went ahead and ended their export tax holiday after hitting the $7B limit. Argentina making so many sales during the US export window is bearish, however soybeans have held up relatively well. There’s a farmer aid package in the works, which is will reportedly be funded from tariffs revenues. The China trade deal will likely not be agreed …
5 Minutes on the Markets – 09/25/25
I post these videos every trading day, shortly after 8 AM CT. Check back here tomorrow for another update! Live Cattle and Feeder Cattle both closed lower on Wednesday. To my eye, the fundamentals are still bullish in cattle and dips in price are offering buying opportunities. Lean Hogs dropped somewhat aggressively yesterday, as traders took profits following Tuesday’s new …
Corn and Soybeans Trade Lower on Wednesday
Soybeans– Soybeans were down 3 cents today, after trading 4 cents lower in the overnight session. There was a flash sale this morning for 101k mt of soybean cake for delivery to Guatemala for the 2025/26 marketing year. China bought more cargoes of soybeans from Argentina, bringing their total to ~20 this week. The EU announced that they will be …
5 Minutes on the Markets – 09/24/25
I post these videos every trading day, shortly after 8 AM CT. Check back here tomorrow for another update! Live Cattle futures traded a little lower on Tuesday, with the daily ranges staying inside Monday’s range. Feeders posted higher highs and higher lows, compared to Monday, maintaining the bullish momentum from the Cattle on Feed data. Lean Hogs rallied to …
Wheat Bounces on Tuesday, Can Wheat Make Higher Lows From Here?
Soybeans– Soybeans closed nearly unchanged today, after trading down 5 1/2 cents in the overnight session. Argentina is facing economic challenges with a collapse in the country’s currency and the bond market. Argentina is temporarily removing the export tax on grain to incentivize farmer selling and to bring in dollars. The removal of the export tax means Argentina’s farmers will …
Soybeans and Wheat Trade Sharply Lower on Monday
Soybeans– Soybeans continued sharply lower following President Trump’s call with China’s Xi on Friday. The market reacted negatively to the lack of attention to purchases on the call. Both parties are expected to meet again in South Korea in November at the APEC summit. A deal may not be agreed upon until 2026. China has been doing their soybean buying …
WRT World Agricultural Supply and Demand September 21
SOYBEANS SOYBEANS ’23/’24 Est USDA ’24/’25 Est ’25/’26 Proj September Million Acres Area Planted 83.6 87.1 81.1 Area Harvested 82.3 86.1 80.3 Bushels Yield per Harvested Acre 50.6 50.7 53.5 Million Bushels Beginning Stock 264 342 330 Production 4,162 4,366 4,301 Imports 21 27 20 Supply, Total 4,447 4,736 4,651 Crushings 2,285 2,430 2,555 Exports 1,700 …
5 Minutes on the Markets – 09/22/25
I post these videos every trading day, shortly after 8 AM CT. Check back here tomorrow for another update! Cattle on Feed numbers were released Friday after the close. All Cattle for slaughter down 1% from last year, Placements down 10% and Marketings 14% lower than a year ago. The short-term moving averages have turned positive on my charts and …
President Trump’s Call With Xi Sends Soybeans Lower
Soybeans– President Trump and China’s Xi had a phone call today, marking the 4th round of trade talks between the two countries. The markets were hoping that today’s talks would discuss details regarding US Ag purchases, however the discussion focused on TikTok. The call was said to be positive, with Trump saying he would visit China early in ’26. Soybean …
5 Minutes on the Markets – 09/19/25
I post these videos every trading day, shortly after 8 AM CT. Check back here tomorrow for another update! Livestock futures all closed higher on Thursday. Lean Hogs did spike down to find support near the June highs and rallied back by the close, but the short-term technicals are turning mildly bearish. Live Cattle and Feeder Cattle did find some …