THE OPEN March beans: 4 1/4 lower March meal: .80 higher March soyoil: 61 lower March corn: 1/4 higher March wheat: 3 1/2 lower Prices opened as expected with the opening feature of the day that of firmer corn vs. beans, and meal vs. soyoil. More short-covering was noted in corn as futures traded towards its down-side gap left open on Monday. As the day progressed, corn futures continued to stay well bid, which helped wheat, but not beans. SOY
Meal prices continued to firm against soyoil with May crush firming to 1.04c/bu. Better US meal exports have been noted as troubles continue for Argentina's major crusher Vicentin, and the new and elevated tax structure. May oilsha...
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...
