THE OPEN November beans: 3/4 higher December meal: 1.50 lower December soyoil: 14 higher December corn: 1 higher December wheat: 3 1/2 lower The markets opened as expected with corn prices firming after the open. Buy corn/sell wheat was a fan-featured trade. Prices traded higher for the most part after the open on a combination of weekend short-covering heading into what is full-ahead harvesting. SOY
The soy complex started the day on a tentative note but firmed after prices seemed to hold onto the $10.00 level in November. December soyoil futures continued to trade upward back towards 33c on higher palm and canola prices. Nov oilshare bounced to 32.80% as soyoil prices...
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...
