The Market With the September WASDE fully absorbed, the trade turned its attention to central banks boosting interest rates to crush inflation but at the same time risking a recession. November soybeans closed out the trading week by losing 22.75 cents, December soyoil was off 2.28 cents, and December meal advanced by a modest $1.60/ST.
U.S. Soybean Conditions The weekly NASS Crop Progress report showed 55 percent of the soybean crop rated Good/Excellent, that is down one point from a week ago and less than the 58 percent in the category this time a year ago. Meanwhile, harvesting of the crop has begun.
Export Sales USDA’s weekly announcement of the prior week’s export sales brought disappointment relative to expe...
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...