THE OPEN May beans: 16 lower May meal: 5.40 lower May soyoil: 58 lower May corn: 6 lower May wheat: 9 1/4 lower Prices opened as expected with recovery trade particularly in soyoil from the open. Meal turned higher on oversold conditions as oilshare was lower. Wheat lost to corn, and beans to corn. Outside markets continued to apply pressure with the Dow sharply lower on liquidation. Deliveries were minimal with no beans, soyoil, and only 7 meal out of Incobrasa in Gilman which were stopped. Sharply lower canola and weaker crude weighs on the market. SOY
The soy complex traded lower today, with prices putting in some recovery trade initially with a short-cover...
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...