THE OPEN November beans: 15 higher December meal: 2.90 higher December soyoil: 49 higher December corn: 6 1/2 higher December wheat: 15 higher Prices opened into strength as firm overnights and a good close prompted follow-through buying activity. Oilshare saw some traders booking profits as stronger meal allowed bean prices to post double digit gains. Technically the gaps left to the downside of markets a few weeks ago started to get penciled in. Hotter and drier weather forecasts for next week and a more constructive chart outlook helped to support price action. SOY
The soy complex started the day on firm footing, with traders buying meal and selling soyoil. ...
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...
