General Comments When buying interest began to dry up during the last hour or so of Wednesday's day session, grain prices -- and to a lesser extent, soy prices -- pulled back well off of session highs. Essentially, the lack of concerted buying interest carried over into the overnight session and again today, with the result that most prices spent much of the day session in the red. At the close wheat stayed in the red, but corn and soybeans managed to eke out minor gains. By mid-session yesterday it seemed as though shorts had bought in as much as they cared to, and fresh investment money had been allocated. Since a lot of the buying earlier in the week came from those sources, at least a modest price retreat was to be expected. Trade wa...
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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...