THE OPEN November beans: 4 1/2 higher December meal: 2.90 higher December soyoil: 5 lower December corn: 3/4 lower December wheat: 1 1/4 lower The markets opened as expected with further new highs in beans and profit-taking in oilshare. Meal prices broke out to the upside after seeing very subdued price action for most of the week. Corn prices continued to back away from morning highs trading into the red. Poorer weather forecasts, strong overseas markets, and continued demand from China held prices in check as grains and soyoil entered into more back and fill trade. SOY
The soy complex opened as called with profit-taking in oilshare. December meal prices tra...
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...