Soybeans The Argentine soybean market has been quite boring as far as trading goes. Most traders have been dedicated to issues with executing shipments. The big problem with Argentine soybeans continues to be the protein content, which should be 33.5 percent at minimum. The current protein content is less than 33 percent in Upriver and about 33.5 percent in Necochea and Bahia Blanca.Exporters are trying to find a way to sort these quality issues. Some companies are negotiating a discount with buyers for the lower protein beans; no rejections have been reported thus far. Discounts have reached as much as $6-7/MT. These discounts are posing to be a problem for exporters as well. Soybeans normally have a negative export margin to begin with...
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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