It was another day of volatile price action in the soy complex. This time around, much of the market’s strength occurred during the overnight session. Meanwhile, wheat was actually the price leader in the day session. General Comments It was another day of volatile price action in the soy complex. This time around, much of the market’s strength occurred during the overnight session, especially after European businesses opened for the day. July soybeans traded in a 42 cent range today from about 25 cents up to 17 cents down. A new high of $11.6325 was posted overnight. November soybeans traded in a much more modest 21 cent range, but that contract also hit a new high of $10.895 overnight. Not to be outdone, July soymeal swung in a $21 rang...
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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...