Post-holiday trading was active at the CBOT with wheat falling amid the lack of export restrictions from Russia while soybeans traded a mixed day on yet-uncertain news from South America. Corn was higher as the Midwest weather deteriorates while the livestock complex was unabashedly bullish. Wall Street is lower with the Dow and S&P500 down fractionally while the VIX and the U.S. dollar up up slightly. WTI crude oil is back below $70/barrel as a renewed focus on EIA’s large-supply scenario data outweighed recent bullishness.
Corn December corn added 3 ¼ cents as much of the Midwest received moderate to heavy rains recently which prompted flash flood warnings across the region. This week, more rain is expect...
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...
