THE OPEN July beans: 3 higher July meal: .40 higher July soyoil: 21 higher July corn: 1 1/2 higher July wheat: 1 higher The markets opened as called but turned mixed after the open as more headlines emerged about possible sanctions for China in lieu of the Hong Kong crackdowns. Meal prices dropped back towards current contract lows as overall feed demand continues to suffer. Rabobank forecast that Southeast Asian feed demand could drop by 5.5% year over year with economic fallout from the coronavirus limiting animal protein consumption in Vietnam, Indonesia, Malaysia, Philippines and Thailand. SOY
The main feature in the soy complex was that of higher oilshare. August crush trades down to 83c/bu...
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...
