THE OPEN Jan beans: 2 1/2 lower Jan meal: 2.90 lower Jan soyoil: 42 higher March corn: 4 lower March wheat: 3 1/4 lower The markets opened on a mixed note and into tentative trade, with mostly defensive trade except in soyoil. Higher oilshare was the feature of the morning. Grains slipped lower led by weaker wheat trade. SOY
The soy complex traded mixed today with beans and meal lower against a firmer soyoil market. January oilshare traded to 32.88% on the back of higher Asian oil prices, tightening vegoil balance sheets, and sharply higher palm oil trade. Palm oil traded into a new contract high, with November palm oil stocks forecast to be down by 2% with p...
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...
