THE OPEN Jan beans: 2 1/2 lower Dec meal: .40 lower Dec soyoil: 10 lower Dec corn: 1 3/4 lower Dec wheat: 1/2 lower Prices opened lower but turned mixed on the day as more buy bean and wheat/sell corn trade emerged. Oilshare turned lower as traders took profits on recent strength. Volumes were low, and price action remained two-sided in listless trade. SOY
The soy complex opened on a mixed note, with prices trading either side of even. However, most of the day was spent with traders unwinding previous buy soyoil/sell meal spread trade. Dec crush traded higher to 80c/bu while oilshare set back to 31.13%. Nov and Jan bean prices remained in consolidation...
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...
