Grain and soy complex futures prices tried to stabilize overnight after Monday’s beatdown, and there were expectations for some sort of “Turnaround Tuesday” recovery today. More selling pressure developed soon after the day session opened. General Comments Grain and soy complex futures prices tried to stabilize overnight after Monday’s beatdown, and there were expectations for some sort of “Turnaround Tuesday” recovery during the day session. However, it was not to be. More selling pressure developed soon after the day session opened, and it continued off and on through the close. September corn closed down 7.75 cents at $3.04, the lowest close for a spot corn futures contract in seven years. December corn set a new contract low at $3.155...
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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...