THE OPEN March beans: 9 higher March meal: 5.50 higher March soyoil: 4 lower March corn: 3 1/2 higher March weather: 2 1/2 higher The market opened as called but wheat once again weighed on prices elsewhere on the board, while profit-taking was noted in soyoil futures. Major features included that of profit-taking in oilshare due to Argentina's crush strike. The NOPA crush report was also bullish yesterday thus underpinning beans and meal today. Soyoil futures take a time-out, but still remain close to new contract highs. SOY
Jan and March soybeans approached the $12.00 highs again for so many times in a row, but the stall to move over it technically during the mid-session was noted,...
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...