Your Pro Farmer newsletter (November 1, 2025) is now available

An agreement between President Trump and Chinese President Xi was the key market driver this week, with an agreement for U.S. soybeans getting a lot of attention, though skepticism persists on whether China will fulfill what has been discussed. Gains were seen across the grain and oilseed markets early in the week before seeing some corrective selling to end the week, but the technical posture across the complex has quickly turned to favor the bulls. We look at the dynamic cash and spread markets to give a clue to how harvest prospects look in the U.S. amid the ongoing government shutdown, which still shows little promise of a compromise. Volatility was persistent in the cattle market as rhetoric around lowering beef prices met continued strength in cash market fundamentals. We cover all of these items and much more in this week’s newsletter.