The CBOT was mixed in moderate trading volume at mid-week with the weeks-old themes of harvest pressure and export issues at the forefront of traders’ minds. Soybeans initially found strength on a strong rally in soyoil, but eventually pared gains as few want to be long amid a slow export pace and logistics issues along the Mississippi River. Wheat futures found some quiet support from commercial buying and slow cash sales in the Midwest but remain trapped in their current, short-term downtrend. The livestock markets traded higher in a continuation of their recent trends but buying interest in those futures is starting to fade as contracts are at or above contract highs. Funds remain active but relatively quiet in the markets with gen...
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...