THE OPEN March beans: 1/2 lower March meal: 1.40 lower March soyoil: 19 higher March corn: 1/4 higher March wheat: 4 higher Prices opened as called with short-covering an opening feature of trade, which was followed by two-sided trade. Funds are going into the long weekend long an estimated 40K wheat, short 60K beans, and short 80K corn. Traders will be watching South American harvest, signs of Chinese Ag purchases, and the numbers at next week's Outlook Forum on the 20th. SOY
The soy complex featured choppy price action with a stronger soyoil vs. meal market at first, followed by lower price action for beans and products. Open interest in beans and meal inc...
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...