THE OPEN Nov beans: steady Dec soyoil: 13 higher Dec meal: .60 lower Dec corn: 4 lower Dec wheat: 1 lower Prices started the day as called with wheat once again placing new highs for the move up. Wheat prices found a bid with prices jumping to new highs, providing spillover support for corn. The soy complex traded higher as funds bought beans/sold corn. SOY
The soy complex remained well bid after the open led by beans/meal. Oilshare corrected down to 33.0% with crush firming to 79c/bu. Nov beans found buying interest out of the gate as Dec meal bounced off lower support at $306.00. Export sales gave beans a boost as they were at the highes...
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...
