Most people won’t remember the “Is it real or is it Memorex?” slogan. With soybean futures finishing today up to 27 cents higher, though, some are wondering if this rally is real or if it’s a Memorex rally. While it's really hard to know, there are several reasons to believe it is real.Most people won’t remember the “Is it real or is it Memorex?” slogan. This was part of an advertising campaign for a recording tape that was supposed to reproduce audio at a quality that sounded better than when heard live. Now with soybean futures finishing today up to 27 cents higher, some are wondering if this rally is real or if it’s a Memorex rally. The answer is, it’s really hard to know. Following are several reasons to believe it is real:
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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...
