THE OPEN Jan beans: 3 higher Jan meal: .70 lower Jan soyoil: 7 higher March corn: 1 1/2 lower March wheat: 7 1/2 higher Wheat prices opened higher and set the tone for firmer values across the board after an opening choppy trade. Prices opened with profit-taking particularly in corn, but found a bid after the first hour of trade. There continues to be chatter around about both corn and wheat interest from China, although there are not yet any confirmations as such. March wheat streaked higher into mid-morning trade, which triggered buying and short-covering across the rest of the board. Volumes were relatively light as this ends a full week of the Goldman Roll. SOY
The soy comp...
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...
