SPREADS May crush trades top 96.55c/bu, lower than the spike high trade above 1.00c/bu this week. Oilshare falls to 32.18% as prices respond to lower palm, crude, and canola. The lack of corn deliveries finds March/May corn trading to 3c inverse from 1 1/4c. July/Dec trades from 1/4c to 1 1/4c carry. July/Nov beans trades from 3 1/2c out to 6 1/4c. May wheat/corn trades from 1.35c to 1.37 1/4c. PALM OIL May down 74 ringgits at 2,450 ringgit/mt. Cash traded lower at $27.50/mt. Ahead of the monthly Malaysian palm oil board data on March 10, estimates are for stockpiles to be down 1.4% from Jan numbers, with production in Feb higher at 1.28 mmt, up 9.8%. NEWS Equities are still weak with a s...
Accountability and a comprehensive approach to export programming
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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...