THE OPEN March beans: 2 1/2 lower March meal: .20 higher March soyoil: 29 lower March corn: 3/4 higher March wheat: 4 1/2 higher The markets opened as called with grains continuing to trade higher against a weaker soy complex. The signing of the Phase One deal started on time with stocks rallying into the event, but beans were pretty much unimpressed. Wheat prices again were the focus with technical buying activity continuing, adding spillover support to corn. Traders were back to selling soyoil / buying meal on the back of weaker energies. The NOPA report contained a large bearish surprise for soyoil, where stocks were much higher than expected, further breaking down the market as bulls...
Accountability and a comprehensive approach to export programming
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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...