The CBOT ended mixed with the soy complex rallying on strong soymeal and a turnaround in soyoil prices, coupled with a hot, dry August U.S. weather forecast– the key soybean yield determining period. Corn prices were mixed with the July contract rallying again amid strong spot commercial demand while deferred futures weakened under pressure from the looming Grain Stocks and June acreage reports due out tomorrow. Wheat was mostly lower as demand for U.S. grain remains tepid but variable yield results from the U.S. plains pushed KCBT wheat higher. Pre-report expectations for the Grain Stocks report are provided below.
The June Hogs and Pigs report was largely in-line with pre-report expectations but held some interesting dynami...
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...
