THE OPEN Nov beans: 2 1/2 lower Dec meal: .80 lower Dec soyoil: 4 lower Dec corn: 3/4 lower Dec wheat: 3 higher The markets hinted at reversal trade off the highs with a poor morning close, but instead found some bottom-picking on a weaker bean start. Funds are modestly long and may continue to add to that position on trade talks and the weekend freeze that could have shut down production in the northern Corn Belt. Buy beans/sell corn and buy wheat/sell corn trade were featured into the early part of the trading session. Products were mixed with beans staging a comeback later in the session. SOY
The bean market may have found profit-taking at the start of the...
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...
