The volatility in the soybean and soymeal markets continued last night and today. Corn did manage to rally to slight gains when the soy complex was surging near the close, and wheat performed very poorly today with double-digit losses much of the session. General Comments Markets started slightly lower overnight following the poor Thursday close in the soy complex. Soybean and soymeal futures, however, refused to stay there and were trading higher until the last 10-15 minutes of the night session when they made a U turn back down. This weakness carried over into today's session, and soybean futures traded 10-15 lower in the first hour. That pressured wheat and corn lower as well. However, the soy complex continues to be the energizer bunn...
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...
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