General Comments Grain and oilseed markets started lower Sunday evening. The selling snowballed as the night wore on with another major leg down happening when the open outcry session started to trade. There was no clear reason for the massive sell-off, but these were some of the market comments:
Friday's markets did not close well in response to the QE3 announcement. China's markets were weak. Corn and soybean harvests are underway almost everywhere in the U.S. Funds have been holding record-long positions in soybeans. Basis levels are weak.
The outside markets were not much of a factor through most of the commodity trading session. Crude oil and the dollar were steady. Financial markets were firm early but turned slightl...
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...
