Markets traded most of the Sunday night session slightly lower before finishing steady in corn and soybeans but down 2-4 cents in wheat. However, corn and soybean markets abruptly turned higher at the opening of today’s session with the latter trading double-digit gains in the first 30 minutes. That took corn 3-4 cents higher, and wheat crawled back to unchanged. Soybeans held most of their strength today, while corn and (especially) wheat could not find any sustained buying. Trading volume was light. Weather forecasts continue to point toward no hot temperatures during corn pollination. There are some parts of the southern Corn Belt that are too dry, and parts of the northern Corn Belt have been too wet.
Corn FUTURES Co...
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...
