Most of the causes for last week's stock market drop are outside of the U.S. as most domestic economic news is promising and supportive. However another possible reason for the market's reactions is the future of U.S. monetary policy.The stock market opened today after a significant drop last week and a myriad of reporters and analysts looking for the reasons why. Most of the causes are outside of the U.S., which include the Middle East situation, the Russia/Ukraine conflict, Argentina's debt default and Portuguese banking problems. These problems, however, are not particularly new, unique, shocking or worse than they have been in the past. Meanwhile, the U.S. economic news is promising and supportive. Consider the following:
Real gross...
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...
