THE OPEN May beans: 4 higher Ma meal: 2.20 lower May soyoil: 31 lower May corn: 1/2 lower May wheat: 4 lower The markets opened as called with wheat prices lower weighing on corn, and beans steady to better. Soyoil futures turned higher following a firmer crude oil trade. Buy bean/sell wheat spread trade was active, along with a return to buying soyoil/selling meal. SOY
The soy complex traded higher on the day, with product and beans tame at the start of the session. July oilshare traded to 40.50% on a firmer note, with crush at 60c/bu. May bean prices firm from the open, continuing to congest from $14.00-$14.45. However, into the midday hour soyoil pric...
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...
