THE OPEN November beans: 3 higher December meal: 2.20 higher December soyoil: 32 lower December corn: 1 1/4 lower December wheat: 1/2 higher The markets opened as called with new highs in beans and meal, but corn and soyoil struggling as they remain the energy related markets. November bean prices continue to find good support on pullbacks with more business announced this AM. Spreads remain mostly firm. Into the midday hour beans and meal resumed their climb to new market highs. SOY
The soy complex opened into higher bean trade as November placed a high for the move at the start of the day at $9.79 3/4 before encountering a quieter congestive trade. December...
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...