THE OPEN July beans: 2 higher July meal: 2.20 lower July soyoil: 50 higher July corn: 9 lower July wheat: 21 lower The markets opened as called but later turned defensive once more with prices triggering stops when critical areas of support were breached. Bull-spreads continued intact, with firm prices noted and inverses strengthening. Oilshare started the day on a firm note but found more willing to book a profit. SOY
The soy complex started the day with the major features that of bull-spreading, and profit-taking in oilshare that helped meal to finally find a bid. Crush values firms to 93c/bu while oilshare trades around 45.58%. July bean prices worked lower foll...
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...