Soybeans led today's push higher in the ag commodities with soybean futures gaining as much as 15-16 cents at one point. The buying was the result of another day of steep losses for the U.S. dollar. General Comments We had a mini-repeat of Friday today. The U.S. dollar was again quite weak, and crude oil was steady to slightly higher most of the morning. Fund buying in most commodities continued to be today's story, but the volume wasn't nearly as heavy as the last market day.Weather played a small role in today's markets. It was snowing in Chicago much of today, which puts thoughts of an early planting season on the back burner. In fact, the weather pattern across the U.S. shows little change over the next 10-14 days. It will be warmer a...
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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...