THE OPEN Nov beans: 2 1/2 lower Dec soyoil: 18 higher Dec meal: 1.30 lower Dec corn: 2 1/2 lower Dec wheat: 4 1/2 lower Prices opened as called but today was a risk-off day in general with heavy losses in the stock market and a higher US dollar providing market weight. Soyoil prices worked higher as oilshare corrected on a positive crush report and more talk of a biofuels deal. SOY
The soy complex opened on a weaker note but certainly macro elements played into today's setback. Though prices worked lower, they certainly did not "fall apart" by any means, with lower key support levels intact. The key feature in the soy complex was tha...
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...
