THE OPEN July beans: 2 1/2 higher July meal: 1.20 higher July soyoil: 13 higher July corn: 1/2 higher July wheat: 2 1/4 lower Prices opened and pushed higher with beans in the lead on more business announcements for this week. Buy bean/sell wheat trade was a fan favorite, with light short-covering in corn providing a mixed trade after the open. Buy meal/sell soyoil was also a feature, as weaker crude oil weighs on soyoil. Weaker macros midday spilled over into futures close to the midday hour sparking more two-sided trade. SOY
The soy complex opened on a firmer note with fund buying triggering a return to recent market highs for July and Nov beans. July meal...
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...
