The overnight session opened with little price direction. Grain and soy prices were down just slightly, although they recovered enough to trade in mixed fashion but very light volume. At the morning recess, corn and soybeans were in slightly positive territory, but wheat was a little weaker. That pattern continued pretty much throughout the day session, which was also marked by low trading volume and little interest for pushing prices in either direction. Daily trading ranges were narrow. Winter wheat futures traded in a 6-7 cent range, corn managed a 3 cent range, and soybeans stayed in about a 9 cent range. At the end, Chicago wheat was down 1-2.5 cents, KC wheat lost 3.25-5 cents, corn was up 1.25-1.75 cents, and soybeans gained 2.5-3 ce...
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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...