Soybeans Market Overview The market was basically at a standstill last week as traders awaited the outcome of the Trump-Xi meeting. No one expected big changes, and there was uncertainty about what could happen, including the reaction of CBOT and Dalian futures markets. Despite U.S. authorities indicating “very positive” results, there was no concrete decision aside from the postponement of a 15 percent tariff increase on $265 billion of U.S.-imported Chinese goods. Therefore, this rate hike should be slated for 31 March if there is no formal agreement before then. Now the market is waiting to see if China will start buying U.S. soybeans again, a step that would signal the practical end of the trade war. There were rumors tod...
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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...