THE OPEN March beans: 9 1/2 higher March meal: 2.70 higher March soyoil: 7 lower March corn: 1/4 higher March wheat: 2 1/2 lower The markets opened as expected with strength. Beans continued to gain on corn, while meal gained on soyoil. Prices continued to remain firm throughout the morning session, though wheat and soyoil saw both sides of even. Buy beans/sell wheat trade returned as a fan-favorite spread trade once more. SOY
The soy complex opened on a firm note with meal prices adding to morning gains. Meal prices continued to trade higher with a trade into new contract highs shortly after the open. The meal led rally backed beans, which also saw more noted buying. &nb...
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...
