THE OPEN November beans: 3 3/4 lower December meal: 1.20 lower December soyoil: 8 lower December corn: 1 1/2 lower September wheat: 1 1/2 higher The markets opened as called with continued price congestion. Inter-market spread trade saw some unwinding as funds bought wheat/sold corn. Funds were net buyers of corn yesterday, with open interest declining which suggested that this week's rally was short-covering and not those searching to get long. While that was not positive news for the corn market, the technical price action was extremely stabilizing. SOY
The soy complex put in a mixed performance today with beans in consolidation trade and products mixed.&nbs...
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...
