THE OPEN May beans: 7 lower May meal: 2.30 lower May soyoil: 67 lower May corn: 3 1/4 lower May wheat: 6 1/2 lower The markets opened as called with grains breaking down led by wheat. Soyoil held on to morning lows which allowed beans to firm, while meal also held. Nearby corn spreads firmed once again to new highs on more China business. Into the end of the session early strength faded which resulted in fund profit-taking/liquidation. SOY
The soy complex traded lower with beans consolidating while soyoil futures firmed back from the start of the trading session. July crush trades to 60c/bu while oilshare trades down to 39.35% on a correction. July /Nov bean inverse bounces fro...
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...
