Traders should be sleeping well with the general lack of things to keep you up at night. However, danger is lurking below the surface of several markets.There really hasn’t been much to keep you up at night lately. Another year of generally excellent world crop production has kept a lid on prices. In fact, there was commentary today that corn and soybean trading ranges this year have been the smallest in over a decade. Wheat’s trading ranges would also have been in that same dull pattern had it not been for the Northern Plains drought in June and early July that propelled wheat futures sharply higher.Here are a few things to worry about:
There is increasing evidence that world weather is shifting towards a La Nina pattern. Some weather f...
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...
