THE OPEN:
Nov beans: 10 lower Dec meal: 2.00 lower Dec soyoil: 65 lower Dec corn: 4 lower Dec wheat: 3 lower
The markets opened as called with prices continuing to congest in front of the July WASDE. Funds have been selling off more length awaiting the next fundamental input. Argentina's grain and financial markets are closed today and trading will Monday. SOY COMPLEX The soy complex opened as called and entered more technical consolidation within recent ranges. Soyoil values gained on meal at first, pushing oilshare up to 46.0% and August crush values dropped to 84 cents/bu. Reports of Chinese interest earlier in the week supported soybeans, but weather continues to dominate and, for now, continued scattered rainfa...
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...
