Wheat struggled with corn and soybeans during the first half of today's session, but the selling seemed to dry up before noon.There was actually light buying activity into the close, which at least brought the wheat markets 8-9 cents off the day's lows with KC closing slightly higher. General Comments Markets were mixed in quiet overnight trade until some aggressive selling hit the computers in the last hour of the night session. It was a surprisingly calm session most of the night, considering there was little change in the weather forecasts that still include a frost/freeze across all of western Canada and part of the Northern Plains for later this week. The trade interpreted the early morning computer models as just slightly warmer, wh...
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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...