THE OPEN July beans: 5 1/2 higher July meal: 1.20 higher July soyoil: 24 higher July corn: 1 lower July wheat: 4 higher The markets opened as called with soyoil prices triggering buy-stops to trade to new highs for the move upward with some oilshare bulls locking in profits. Bean prices traded to new highs against lower corn, while wheat gained on corn as well. SOY
The soy complex opened strong but soyoil prices saw two-sided trade as bulls took profits on the soyoil run and oilshare. July soyoil triggered buy-stops over prev. 2814c tops to trade to 2820c, but turned lower when crude oil prices dropped due to more bearish EIA stats. The EIA crude oil report was bea...
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...
