THE OPEN July beans: 6 lower July meal: .90 lower July soyoil: 13 lower July corn: 3/4 lower July wheat: 3/4 lower Prices opened lower with more downside pressure in beans as traders await Trump's comments regarding China this afternoon. Oilshare firmed with more buy corn/sell bean and buy wheat/sell corn spreading. Export sales were light for corn and beans, with China purchasing 180 kmt of sorghum, 191 kmt of old crop and 200 mt of new crop beans, and 6.1 mt of pork. SOY
The soy complex opened lower as expected with beans quickly breaking down towards the lower end of recent ranges once again. Poor export sales numbers and negative ideas regarding China weighed. &n...
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...