After sputtering about yesterday and again early in the overnight session, grain and soy futures markets bounced firmly higher today, but why is not exactly clear. General Comments After sputtering about yesterday and again early in the overnight session, grain and soy futures markets bounced firmly higher today, but why is not exactly clear. There were quite a number of potential reasons for the rally and certainly no shortage of factors swirling around, although it is still hard to point to any and say this is why May soybeans closed up 26.5 cents or why May corn closed 7.25 cents higher or why all three classes of wheat futures contracts were so strong. Consider the following:
Russia's Putin signed legislation annexing Crimea to the...
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...