Other than outside factors that were largely ignored, grains and the soy complex had little to trade on today other than weather. Wheat reversed from the last few sessions to finish lower as did the soy complex slightly. General Comments The Labor Dept. reported that the broad Consumer Price Index (CPI) rose 0.2 percent in February. Though small, it is the first increase in the CPI since October and the biggest monthly gain since June 2014. The Fed's core inflation, which excludes food and energy, grew 1.7 percent. Today's report indicates that the overall rate of inflation remains low and well below the level that could trigger a more active discussion in the Federal Open Market Committee (FOMC) about raising interest rates. The Fed may...
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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Accountability and a comprehensive approach to export programming
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