THE OPEN July beans: 5 3/4 lower July meal: 1.00 lower July soyoil: 30 lower July corn: 2 lower July wheat: 4 lower Prices started the day lower and continued to find pressure from a macro risk-off environment. Corn continued to find some short-covering activity off the lows. Negative comments from President Trump about retaliation against China for the virus continued to overhang many of the markets as trade concerns returned. A good open window for planting weather also weighed. SOY
The soy complex started the day lower with meal prices turning mixed. However, buyers were not willing to chase a bean rally, and the impact of the virus on the economy and feed, as we...
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...
