THE OPEN Jan beans: 1 higher Jan meal: 1.90 higher Jan soyoil: 38 higher March corn: 1 lower March wheat: 3/4 lower The markets opened as expected but encountered profit-taking from the start of the session. Pressure was noted as December contracts continue to liquidate heading into first notice day. Trade was choppy and on both sides of the market, with end-users taking advantage of breaks to price something. Spreads were weaker. Lower volumes are able to promote larger swings, and volume was relatively light for the day. Corn was weaker in the night session, and the reverse price action in wheat from higher to lower created more downside, pressuring the soy complex as...
Accountability and a comprehensive approach to export programming
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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...