THE OPEN November beans: 1 lower December meal: .80 lower December soyoil: 24 higher December corn: 1 higher December wheat: 2 3/4 lower The markets opened as called with new highs in soyoil while wheat futures entered into weaker trade. Traders were back to buying soyoil/selling meal and buying corn/selling wheat. Double digit losses in wheat created pressure elsewhere on the board during the session. SOY
The main feature in the soy complex was that of firmer oilshare as soyoil futures derived support from higher palm oil and firmer canola trade. December oil, which had been firm since finding support at 3120c, traded to new market highs at 3191c. October oilshare...
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...
