General Comments In overnight e-trade grain prices traded higher briefly at the opening, then sank back into the red in slow trade. This is the condition in which markets found themselves at the day session opening. Soybeans that have been the market's pillar of strength for weeks sagged on more news about China's slowing economy. It was reported that China's factory activity dropped for the fifth week in a row. German and French factory activity also fell more than expected, and this sank the euro. Questions about raw material demand are always a concern these days whether spoken or not, and today's factory activity reports brought those concerns to the forefront once again. Many demand sensitive commodities suffered losses today includ...
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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...