Some commercial buying of corn futures was noted today that helped the corn market close mostly 1-2 cents higher in moderate volume. Wheat futures closed higher at all three markets, led by strength in Chicago September that closed up 6.75, while December finished up 5.5 cents. General Comments This week has seen corn and soybean futures prices fall to the low end of the trading ranges they have maintained for the last month. So a bounce higher was not unexpected even though the overall bearishness from looming record new crops still prevails. Basically, that is what we saw in today's price action, although it was a struggle. Corn did manage to hang onto green numbers at the close, but most new crop soybean contracts slipped fractionally...
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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...