THE OPEN July beans: 3 higher July meal: .20 higher July soyoil: 41 higher July corn: 2 higher July wheat: 1 1/2 lower The markets opened as called with prices heading higher on more fund short-covering in corn. Weaker wheat futures dominated with trade to the downside. Stable ratings sent bean prices on a lower path, as traders unwound previous buy bean/sell corn trade. SOY
The markets traded mixed on the day with soyoil prices higher while bean and meal prices turned mixed. Sep oilshare traded to 32.79% as soyoil prices were supported by higher crude, palm, and canola. Bean bulls booked a profit when prices started the session higher, but once again f...
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...