THE OPEN July beans: 4 3/4 lower July meal: 1.40 lower July soyoil: 11 lower July corn: 3 1/2 lower July wheat: 7 lower Prices opened with funds selling the market triggering stops in beans and meal. Major features included further weakness in wheat futures, and firmer oilshare prices. Today is day 3 of the Goldman Roll, with other traders position - squaring values into the June WASDE report, which is expected to be neutral for wheat, but bearish for corn and beans. Rains and improving weather conditions promoted short term weakness, while longer term weather appears to be drier and warmer. Liquidation of length was a major feature for corn and beans, with fresh farmer sell...
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...