Markets opened sharply lower Sunday evening. Corn actually lost more ground today, likely the result of a more or less benign weather forecast as the all-important pollination period in early July starts to approach. General Comments Markets opened sharply lower Sunday evening, exactly the opposite of what many analysts were expecting based on that day’s six-10 and eight-14 day outlooks. These forecasts appear warmer and drier than they did at the end of Friday. Instead, the trade chose to focus on a slight increase in rain chances this week. Soybean futures were down 19-20 at the opening last night. The markets were weak the entire session today.Options on the July contracts expire 24 June. USDA acreage revisions and quarterly stocks rep...
Accountability and a comprehensive approach to export programming
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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...