Tidbits, Soybeans to China & COT, Crop Progress, Wheat Estimates 11/19/25
- Wright team
- 1 hour ago
- 4 min read
Tidbits
Soy Meal: A 30,000 mts cargo of Argentine soybean meal has cleared Chinese customs, marking the first shipment since Beijing allowed imports in 2019 and signaling a new trade channel with the world’s top soymeal exporter.
USDA’s Crop Progress for the week ending November 16 had corn harvested at 91% (vs 94% five-year avg; 98% last year) and soybeans harvested at 95% (vs 96% five-year avg; 98% last year). Winter wheat is 92% planted (95% five-year avg; 94% last year) with 45% in good or excellent condition (49% last year).
Friday’s cattle on feed report estimates by Reuters are 95.9% marketed, 98% on feed, and 91.2% placed on feed.
U.S. initial jobless claims rose to 232,000 for the week ending October 18, the first weekly update after the October 1 federal government shutdown, with total outstanding claims at 1.957 million, near the highest since 2021 and signaling softer hiring activity in the economy.
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