General Comments Today's price action in grains and the soy complex again followed the recent pattern of changing direction each day. On Monday markets were down, Tuesday they were up, so today was destined to be a down day. And it was. Prices weakened in overnight trade amid some speculative long liquidation. There also appeared to be some hedge selling.Price weakness carried over to the day session in response to a number of bearish influences, both micro and macro. The most influential macro influence came from China, where the Chinese purchasing manager's index (PMI) came out as 50.6, down from 50.9 last month. Analysts expected the index would be unchanged, so today's lower number provides a further signal that Chinese economic grow...
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...
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