Grain and soy complex futures were up overnight in a delayed reaction to Friday’s CFTC report. Soybeans led corn and soybeans higher on extended short covering. The weekend’s rainy weather didn’t bring traders any comfort and added fuel to the rally. The day session opened higher with both profit taking and fresh buying throughout the day. The Export Inspections report was bullish wheat and helped keep prices in that market higher. Sales and shipments of corn and soybeans were disappointing, but traders remain focused on the Midwest weather. Volume was light in the corn and soybean markets while average or above average in wheat.
The latest USDA Crop Progress report showed the emergence rates for corn and soybeans stil...
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...
