The grain and oilseed markets were quiet overnight and again today. Volume was light in corn and soybeans but better than average in wheat. The markets will want to see all the numbers in the 11 January USDA reports that are to be released this Friday before setting any new direction. U.S. equity markets were steady early, but they did rally as the day continued. Crude oil was lower throughout the entire session. There is still optimism that the U.S. and China will reach some sort of accord on trade before 2 March, the deadline for application of another round of tariffs.
Corn FUTURES Corn futures had another day of insignificant price changes. Weekly export inspections were okay at 900,000 MT, which was not enough to generat...
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...