THE OPEN Jan beans: 9 lower Dec meal: 3.30 lower Dec soyoil: 7 lower Dec corn: 5 1/4 lower Dec wheat: 2 1/2 lower Prices opened lower and continued to find small rallies at the open as opportunities to lighten up on length. However, oilshare values were higher, as soyoil made a turn-around trading higher from lower, which put a floor under beans. Gap - higher levels from earlier this week in beans and corn were challenged, but left open at midday. The absence of Chinese business over the last few weeks has been noticeable, and the rains over Brazil prompted some longs to take something off the table. SOY
The major feature in this market was that of higher oilshare as soyoil futures t...
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...
