The Market The trading week started a little down in the dumps, but the finish ensured gains across the soybean complex. There was a lot of support:
Argentine drought; Brazilian dampness; Indonesian pullback; Russian and Chinese missteps; and Robust American crush.
Domestic crush margins hit $3.33 bushel, among the most profitable on record. That cannot last since the industry plans to add 34 percent more capacity, but they are scoring the returns to afford the buildout. In fact, there is already slippage based on a nearly 4 percent discount on May meal over March. A key will be petroleum prices, which some believe will drift back up to re-test $90-$100/barrel when the summer driving season returns. ...
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...
The U.S.-Mexico-Canada Agreement (USMCA) enters its mandated six-year review on 1 July. The original intent of the review is outlined in Article 34.7, which obligates members to: Provide recommendations and decide on appropriate actions. Extend the USMCA for another 16 years and meet aga...
