- It’s been such a long time since grain and oilseed markets have made limit moves higher or lower that a review of those limits might be warranted. Remember that they are now variable and can be changed by the CME (depending on market volatility and recent price ranges). Following are the current daily limits:
Corn: 25 cents (50-cent daily range) Soybeans: 65 cents ($1.30 daily range) Chicago wheat: 35 cents (70-cent daily range) KC wheat 35 cents: (70 cent daily range) Minneapolis wheat: 65 cents ($1.30 daily range)
This isn’t to suggest that we’re headed toward limit moves in futures markets, but the severe delays in planting corn and soybeans are setting the stage for that possibility at some point. - Market...
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...
