THE OPEN Jan beans: 3 higher Dec meal: 2.10 higher Dec soyoil: 21 lower Dec corn: steady Dec wheat: 1 1/4 higher The markets opened as called but more technical grain weakness emerged as traders took cautionary positions heading into tomorrow's USDA report. Despite buoyant outside markets that reacted to more positive moves in trade headlines, bean bulls decided to book more profits in front of the November WASDE in the early part of the day, but turned buyers for the last part of the session. Trade remained choppy with trends leaning the way traders will head into the report tomorrow, namely long beans and short corn. SOY
Bean prices opened on a firm note with more prof...
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...
