Overnight trade saw generally higher prices for grains and the soy complex. The gains were modest in corn and wheat but more robust for soybeans and soymeal. Soybeans traded above their 200-day moving average overnight, and this pattern carried over into today as well. General Comments Overnight trade saw generally higher prices for grains and the soy complex. The gains were modest in corn and wheat but more robust for soybeans and soymeal. Soybeans traded above their 200-day moving average overnight, and this pattern carried over into today as well. Prices were varying degrees of firm all through the day session, and that is the way they closed. There were only green closing numbers for wheat, corn, soybeans and soy products. Chicago whe...
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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...