THE OPEN November beans: 2 1/4 lower December meal: .40 lower December soyoil: 3 lower December corn: 1 14/ lower December wheat: 1 3/4 lower The markets opened as called and jumped either side of even with beans and corn supported by good export sales and more business announcements to China. More fund buying was again noted at the open in very good turnover as corn, beans, and meal climbed to new market highs on a fundamental and technical basis. The strong trend in bean prices remained the catalyst of support for other markets except for soyoil, which was at the mercy of buy meal/sell soyoil trade. SOY
The soy complex once again opened into tentative trade, but funds were ba...
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...
