The weekly export inspections numbers were released and showed that 56.5 million bushels of soybeans were exported during last week's holiday-shortened week with 44 million bushels going to China. General Comments Markets were firm overnight except for wheat and traded firm all day today. Wheat was higher early but lost any gains and closed mixed. There was some news around the markets:
The index roll will start Wednesday, and some believe that will mean some sizable buying in the corn market. It was bitterly cold all the way into Texas today. Schools were closed in every state from Minnesota to Texas. It was -4°F in Enid, OK this morning. Temperatures will stay cold again tonight and tomorrow. Egypt bought 535,000 MT of wheat from U...
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...
