THE OPEN March beans: steady March meal: 1.80 lower March soyoil: 33 higher March corn: 3 3/4 lower March wheat: 8 lower Prices turned lower on the day from the open as gaps filled with weaker trade triggered more selling pressure. March meal, which was the weaker market at the outset, continued to hold near contract lows as commercial pricing interest continued to run high. However, even meal set a new contract low as pressure resumed across the soy and grain space. SOY
The soy complex started the day on a mixed note but soyoil liquidation and fund selling in the bean market set the tone for a weaker session. Funds sold beans from the start while meal prices traded to new contract...
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...
