Traders may have paid limited attention to South American weather Tuesday as they returned from the long weekend, but it was front and center today. The resulting strong soybean price action helped pull corn futures prices near session highs at the close. General Comments Traders may have paid limited attention to South American weather Tuesday as they returned from the long weekend, but it was front and center today. The overnight session started out quietly enough with little change in prices. As the day session got underway, though, there were reports of heavy rainfall and flooding across the northern half of Argentina that threatens to wash out some planted soybeans and prevent the planting of other intended soybean land. Santa Fe has...
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...