Soybeans Market Overview The soybeans market was surprised last week when the U.S. government announced that 1.4 MMT of soybeans had been sold to China. There were talks of potential sales up to 4 MMT, which current information seems to indicate have not occurred. Nevertheless, the announcement was a strong signal that the trade war could end quickly. The purchases were performed by the state reserve and apparently COFCO as well. Although private companies did not purchase any because of the present import duties, the state reserve will buy such stocks under a special regime. If the trade negotiations continue, China will likely again make purchases from the U.S. under normal conditions. This was bad news for those Brazilian exporters wh...
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...
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