THE OPEN Nov beans: 30 lower Dec meal: 5.90 lower Dec soyoil: 159 pts lower Dec corn: 14 3/4 lower Dec wheat: 12 1/4 lower Prices opened as called and worked lower on weaker technical considerations with more downside follow-through as sell-stops were triggered in corn, wheat, and beans. Oilshare worked higher as meal prices fell. Losses in soyoil values were more moderate, and lower prices found more buyers and a mid-session comeback on bargain hunting and short-covering. SOY
The major feature of trade for the soy complex was that of higher oilshare as meal prices fell further based on fundamentals and chart based technical selling activity. The downtrend on the meal chart re...
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...
