THE OPEN November beans: 11 lower December meal: 3.50 lower December soyoil: 63 lower December corn: 3 1/4 lower December wheat: 5 3/4 lower Prices opened lower and quickly triggered sell-stops into new lows for the move down on what felt like a bit of panic selling from the start of the trading session. Wheat prices turned mixed with some unwinding of previous buy soy/sell grain trade. End-of-month profit-taking and October liquidation weighed on prices which saw a large downturn. Meal prices collapsed as oilshare finally received a needed bounce off the lows. Slightly better than expected harvest results so far were also price negative. SOY
The scales tipped in th...
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...
