With the new harvest quickly approaching, the market for previous years’ corn continues to experience downward pressure. However, there is also another significant factor influencing market sentiment.
Oilseeds Soymeal Inventory Falls for First Time in Six Weeks China’s estimated soymeal inventory totaled 1,302,200 MT as of 11 August, up 451,900 MT (+53.1 percent) versus the same week a year ago but down 110,100 MT (-7.8 percent) from the first week of the month. Falling utilization rates were the main driver of the decline as market demand waned in the first half of August. The largest decreases occurred in the provinces of Guangdong and Fujian where the inventories fell 19,400 MT (-25.5 percent) to 56,800 MT and 20...
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...
