Farmers are using the highest wheat prices they have seen in many months to price some of their anticipated production. General Comments The war of words between Russia and the Western allies does nothing to reduce the tensions that are following Russia's annexation of Ukraine's Crimea, nor does the continued significant presence of Russian troops along Ukraine's eastern border help. That the situation might somehow escalate poses ongoing risks for grain and oilseed markets which are probably most intense for wheat. Nevertheless, the most immediate set of influences facing the markets are Monday's stocks and planting reports from USDA, of course.After trading higher during the morning, U.S. stocks fell back into the red by the afternoon c...
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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...