Wheat withstood the weakness in soybeans and corn today and actually traded steady to slightly higher much of the session. The relative strength was likely the result of three factors. General Comments Soybeans, corn and wheat started the Sunday night session lower and that set the tone for the rest of the night and today, at least for corn and soybeans. Wheat actually separated itself from the row crops and traded slightly higher. Soybean and corn futures behaved like you would expect they should during the last weeks of record harvests. There was none of the volatility in the soy complex that we had the past two weeks. Soybean and meal futures opened lower Sunday eve and continued that way today, closing near the day's lows.Crude oil wa...
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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