Trading volume today was quite large with funds again very big players as the short covering in wheat and corn continued. Commercials were reported as heavy sellers. That is not unexpected if we believe the reports that producers have been (finally) starting to sell into this rally. General Comments Corn, wheat and soybean markets were slightly higher overnight, but wheat again took the lead and rallied to big gains once today's session got rolling. The soy complex followed for much of the morning, although it started to fade before noon. Corn managed gains of 6-7 cents before also fading when the soybean market started to slip. Trading volume today was quite large with funds again very big players as the short covering in wheat and corn...
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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