Corn couldn't follow wheat higher or soybeans lower today and traded near unchanged until a last minute rally pushed the market 1-2 cents higher, which might have been in sympathy with a small surge in wheat at the close. General Comments Markets were quiet overnight with corn and soybeans lower and wheat slightly higher. Wheat, however, found fund buying at today's opening and stayed strong for the remainder of the session. Soybeans and meal remained weak, but soyoil had more buying that followed from last Friday. There wasn't much news to start the week. Weather remains an issue in some regions (see today's analysis), and there is little weather premium in any of these markets. A weekend freeze caused some damage to barley and canola ac...
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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