It was a raucous week in the oilseeds market as March soybeans climbed nearly a buck higher and hit a new contract high. However, a temporary top may be forming as it has struggled these last two days of trading. For crop insiders, not much has changed. The South American crop has long been challenged but now outside money has taken a notice and is anxious to diversify out of other assets as inflation becomes a new concern. Whether they are late to the party is one guess, but another expects soybean supply numbers to get painted even lower. There is still no quantification of the quality concerns for soybeans coming out of central and northern Brazil. New Estimates
There is a 19 MMT or 15 percent spread between the bulls and bears on wh...
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...
