The soy complex is where the selling was centered today, while wheat tried to recapture some of yesterday's big losses ahead of the weekend. Meanwhile, there were several forecasts released by private analytical groups. General Comments Markets were quiet overnight. This included wheat futures, which were slammed so hard yesterday. There isn't much news ahead of the weekend, plus we get the USDA planting intentions and quarterly stocks numbers Tuesday, the last day of March and the last day of the first quarter. There were several numbers released by private analytical groups:
The International Grains Council (IGC) pegged 2015 world corn production at 941 MMT compared with 990 MMT in 2014. The IGC forecast 2015 world wheat production...
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...