GOOD MORNING, Prices are mixed to begin the session with wheat contracts lower against the other markets. Bean and corn prices are steady on the upturn in crude market, and hopes that lower prices triggered more export business. Wheat is lower as rain across much of Europe and the Black Sea region eased drought conditions. Outside markets were higher on Wed. on reports that the experimental drug remdesivir could prove to be effective against the coronavirus. Crude oil rallied taking oilshare higher, and helping beans to put in recovery trade. Soyoil prices continue to climb this morning with beans higher as well. Spread trade continued to be a feature yesterday, as corn gains on wheat, and soyoil on me...
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What You Need to Know Today: Commodities were mostly lower across the board today after yesterday’s Federal Reserve meeting hinted at a potential interest rate hike later in 2026. The dollar index reached its highest level in over a year, and a strong dollar makes U.S. agricultural expor...
Tomorrow is the Juneteenth federal holiday, and the USDA, along with the rest of the federal government and the CME, will be closed, so the monthly Cattle on Feed report was released a day early. The total number of cattle on feed in feedlots with 1,000 head or more capacity on 1 June amounted...