THE OPEN July beans: 55 higher July meal: 6.30 higher July soyoil: 130 pts higher July corn: 12 higher July wheat: 9 1/2 higher The markets opened higher and remained that way heading into the mid-morning hour. Beans were up the most having been punished the most, while oilshare saw more price stability. Beans gained on corn, while corn gained on wheat. SOY
The soy complex traded sharply higher and remained so into midday. There continues to be chatter that China could have purchased US beans on the break. Pullbacks were shallow as prices took back severe and perhaps overdone losses from yesterday. July beans attempts to work back towards $14.00, as the $13.30 leve...
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...
