General Comments The grain and soy markets opened the overnight session in mixed and tentative form, but prices soon moved into the green. Weather model runs portray a rather uncertain outlook in terms of potential corn planting progress. There can be only limited progress this week, and Monday's USDA's weekly condition report should reflect this. Price strength carried over into the day session with moderate trading volume. Commodities in general were stronger today on rumors that the European Central Bank (ECB) might lower interest rates and/or announce it would take other steps in an attempt to stimulate the dragging European economy. Some are predicting a quantitative easing program similar to what the U.S. and Japan are doing. We do...
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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...