Trading was mixed at the CBOT with soybeans jumping higher on Presidential news of financial aid for farmers and corn declining on excellent conditions ratings yesterday. Wheat futures were mixed as the market pauses amid its recent rally. Despite a largely neutral Cattle on Feed report, live cattle and feeder cattle futures dropped today, which perhaps exacerbated selling in the hog market. Wall Street is higher with the Dow and S&P 500 pushing higher while the VIX and U.S. Dollar index are steady/higher. COMEX gold futures are lower while crude oil prices are up.
Corn December corn lost 5 ¼ cents today as better-than-expected crop conditions in yesterday’s USDA report pressured the market. Despite the sel...
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...
