Grain and soy complex prices mostly traded lower in overnight action as the technically overbought Malaysian palm oil market corrected from yesterday’s big jump on profit taking. Weakness prevailed during the day session until light fund selling eventually dried up. General Comments Grain and soy complex prices mostly traded lower in overnight action as the technically overbought Malaysian palm oil market corrected from yesterday’s big jump on profit taking. Soyoil followed and took soybeans lower as well. The grains turned slightly lower in sympathy after December corn scored a new high of $3.43. Weakness prevailed during the day session until light fund selling eventually dried up and commercial buying later pushed most prices into gree...
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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...