THE OPEN Nov beans: 1 higher Dec meal: .30 lower Dec soyoil: 3 lower Dec corn: 1/2 lower Dec wheat: 1 higher Prices opened mostly as called with more business announcements sending bean prices quickly higher at the open. Another large sale of corn was announced to China, with back-to-back 596,000 mt sales supportive for corn as it digests recent gains. Wheat prices rose quickly on a technical basis with rising Black Sea premiums in the background adding support along with a much weaker US dollar. SOY
The soy complex opened into surprising strength after crop progress conditions sent prices tumbling overnight. Soyoil futures pulled back in consolidation mode, with traders sprea...
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...
