Weather forecasts for the Corn Belt and northern plains look warm and dry and we are on the eve of record U.S. corn and soybean harvests. The only question remaining is just how big will these crops be? General Comments Overnight markets were quiet and mixed. Markets turned decidedly lower once the day session started led by moderate losses in soybeans and corn. Trading volume was on a par with yesterday, and that was relatively light. Weekly export sales were below expectations for wheat, in the middle of the range for corn and higher than expected for soybeans. In addition, the USDA did announce that another 110,000 MT of soybeans were sold to China.Weather forecasts for the Corn Belt and northern plains look warm and dry and we are on...
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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...