THE OPEN March beans: 6 higher March meal: 3.80 higher March soyoil: 24 higher March corn: 2 1/2 higher March wheat: 3 1/4 lower The markets opened as called with new contract highs set in corn from the open, while profit-taking was noted in the soy complex. All in all, the markets remained well bid, with the key feature being the lack of US and SA farmer selling, as producers await potentially higher prices in 2021. Corn and beans continue to fight for acreage this spring with the new crop bean/corn ratio at 2.61:1, heavily favoring soybeans. SOY
Prices moved to the highest level since June 2014 for soybeans, with meal and soyoil trading to new contract highs today.&nbs...
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...
