THE OPEN Nov beans: 2 higher Dec meal: 2.90 lower Dec soyoil: 70 higher Dec corn: 1/2 lower Dec wheat: 5 higher The markets opened as called but trade was thin and choppy with beans following meal prices lower and wheat seeing further gains. Buy wheat/sell corn and buy soyoil/sell meal spread trade continued. SOY
The soy complex was mixed with the major feature being stronger oilshare and soyoil values vs. weaker meal prices. August crush trades to 90c/bu while oilshare firms to 47.87%. September and November beans do some back and fill activity at the open after the healthy rallies from $13.00 this week. August beans trades to $14.61 as spreads remain firm.&n...
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...
