While much attention has been focused on the value of the U.S. dollar since the U.S. Federal Reserve Board modified monetary policy and started to raise interest rates, there is another currency important to agricultural trade that is also undergoing some changes in direction.A great deal of attention has been focused on the value of the U.S. dollar since the U.S. Federal Reserve Board modified monetary policy and started to raise interest rates. There is, however, another currency important to agricultural trade that is also undergoing some changes in direction that is worth examining: the Brazilian real.The real has taken a beating since 2011, losing approximately 60 percent of its value. This was due to two trends:
The bull commoditie...
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...
