THE OPEN Nov beans: 2 higher Dec meal: 1.50 higher Dec soyoil: 12 higher Dec corn: 1 1/2 lower Dec wheat: 4 lower The markets opened on a mixed note with corn and beans posting new highs for the move up. Wheat and oilshare values were lower as compared to the rest of the board. Short-covering was the theme of the day where funds where had the largest positions, namely beans, meal, and corn. SOY
The soy complex traded higher after the open with meal and beans once again in the lead, and soyoil values lagging the pace. Dec crush traded to 78.97c/bu while oilshare weakened to 32.00 percent. Dec soyoil prices struggled up ag...
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...
