THE OPEN July beans: 3 3/4 lower July meal: .50 higher July soyoil; 23 higher July corn: 2 1/2 higher July wheat: 3 1/2 lower Stocks and commodities were higher today as the Trump administration walked back comments towards China as regards the virus. Outside global markets were steady to higher, as countries set about the business of opening up economies once more. The key beneficiary of an operating economy is crude, which was sharply higher. Crude is often a proxy for other commodities, and today it offered up support for a turn-around Tuesday trade. Bean prices firm with another announcement of a sale to China. SOY
The opening feature in the soy complex was that of f...
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...