THE OPEN May beans: 22 lower May meal: 5.40 lower May soyoil: 50 lower May corn: 8 1/2 lower May wheat: 12 lower The markets opened lower triggering sell-stops as funds sold / liquidated length all day into scale-down commercial pricing activity. Soyoil futures recovered first as traders continue to buy soyoil/sell meal trade, pushing oilshare into 8-year highs. Beans split the middle, while wheat gained on corn. SOY
The key feature of the soy complex was that of further price liquidation, new lows in meal, and higher oilshare. May crush trades up to 72.10c/bu while oilshare strengthens to 39.42%. May and November beans trend lower on selling pressure as the mission of th...
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...
