THE OPEN May beans: 8 1/2 lower May meal: 2.70 lower May soyoil: 13 lower May corn: 4 lower May wheat: 6 lower Prices opened lower today following the weaker outside markets. The markets continue to grapple with ideas of demand, and export sales were not positive for today's prices. Oilshare values worked lower with continued short-covering in meal, with soyoil charts working to new lows after the open on weaker energies. Buy beans/sell corn and buy meal/sell soyoil were major trends for the day. SOY
The major feature in the soy complex was that of weaker oilshare as traders covered in some of their meal shorts while liquidating what is left of soyoil length. ...
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...
