THE OPEN Nov beans; 1/4 lower July meal: .30 lower July soyoil: 3 lower Sep. corn: 1/2 higher Sep. wheat: 3/4 lower Prices started the day higher for the soy complex but lower for wheat. Wheat prices continued to see downside follow-through which eventually weighed on corn, while the soy complex turned higher from lower. Buy bean/sell wheat trade was the major feature of the day. SOY
The soy complex started the day mixed, but prices turned higher after the open. July soyoil traded down to major support at 2780c, which once again held for the day. Sep. crush traded down to 82c/bu while oilshare traded higher to 32.82%. Bean spreads continu...
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...
