THE OPEN:
July beans: 8 higher July meal: 1.40 lower July soyoil: 75 higher July corn: 3 1/2 lower July wheat: 2 higher
The markets opened as called but the soyoil rally continued, putting a floor under bean trade in the first part of the session. The feature of the morning was that of higher oilshare as traders bought soyoil/sold meal while beans gained on grains. What started as a modest day of losses for corn turned into deeper ones, as funds decided to exit more length for the market before Memorial Day, as good rains now look to continue. Position squaring triggered sell stops and trade into lower prices. The size of the break was a surprise to traders but negative technicals are now a dominating feature. SOY The feat...
The corn and soy complex closed higher, with the wheat market mixed, as winter wheat closed up but spring wheat and livestock ended lower. Part of the strength for corn and soybeans may have been a weather premium, as crop planting has started out fast but warm weather has been slow to develop...
Real GDP grew at a 2 percent annual rate in the first quarter of 2026, slightly below the consensus expectation of 2.3 percent but above the 0.5 percent growth in Q4 2025. The GDP number matches the average annualized pace of growth since the peak back in late 2007, right before the Financial P...
Reflect for a moment on what you eat. There is a lot of advice out there in the ether about what you should eat, but really, what do you currently eat and how much? The good people at the USDA have some data for you, to help you answer that question. USDA says that we eat quite a bit of meat. L...
