Soybeans The market was pretty calm last week while waiting for definition on a few points. The first was the October WASDE report, which showed fewer ending stocks in the U.S. than was expected. That drove the CBOT sharply higher with significant volatility. Additionally, meetings between U.S. and Chinese trade negotiators on Thursday and Friday attempted to sort out the trade deal. The market has been waiting for the results of this meeting for several weeks now. Of course, there was the announcement from Trump that suggested at least a tentative deal had been reached, but that was not confirmed by the Chinese. It seems there were several points to resolve before really having a deal. The Chinese are waiting for the deal to...
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...