THE OPEN July beans: 4 higher July meal: 1.90 higher July soyoil: 10 higher July corn: 1 1/2 lower July wheat: 4 1/2 higher The markets opened as expected as corn returned as the "sell" leg today. The wheat market rebounded on short-covering and calls for Russia to see reduced production. Wheat /corn and bean/corn spread activity continued for the majority of the day. As the session progressed, the wheat market put in a sizable rally on short-covering, pricing, and bargain hunting. SOY
The soy complex traded higher today led mostly soyoil, as crude oil prices continue to show signs of stabilization. Funds remain slightly short soyoil which helped to fuel a bounce as prices atte...
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...
