The markets were slightly higher overnight, and those gains turned into a mini short covering rally this morning. Outside markets were also mostly higher to end the week, but none of the buying was very enthusiastic with financial markets trading lower by mid-morning. General Comments The markets were slightly higher overnight, and those gains turned into a mini short covering rally this morning. Outside markets were also mostly higher to end the week, but none of the buying was very enthusiastic with financial markets trading lower by mid-morning. Crude oil prices lost about 10 percent this week.There wasn’t much news to push prices higher, but below are some of today’s headlines:
The U.S. jobs report was much stronger than expected...
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...