With the exception of soyoil, the soy complex gave us a small bounce overnight and this morning. The November contract set new contract lows yesterday at $10.01, but couldn't penetrate the $10 level. That will likely happen next week if weather forecasts turn warmer. General Comments Markets firmed overnight after setting new contract lows yesterday in corn, wheat and soybeans. They have taken a pounding this week as the chatter continues to center around big yields getting bigger and no frost or cold weather in sight. The weather situation began to change a bit yesterday when extended forecasts started to look cold late next week. Those forecasts turned colder overnight, and now some weather folks are talking about a frost/freeze across...
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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...