SPREADS Jan crush trades up to 90c/bu while oilshare firms to new highs at 34.33%. Dec/March corn trades back out to 10 1/4c from 9 3/4c while Dec 19/Dec 20 trades from 19 3/4c to 20 3/4c. Jan/March beans trades from 13c to 13 1/4c. Dec wheat/corn trades from 1.29c to 1.26 3/4. PALM OIL Jan down 16 ringgits on profit-taking. NEWS Stocks are up 70 pts as the trade continues to look towards a trade deal getting accomplished this month for a phase 1 deal. Crude oil trade firmer to $57.12/barrel with the US dollar higher at 97.77. MORE TRADE GUESSES From Dr. Cordonnier: Brazil
Soybean production down 500 mt to 123.5 mmt Corn production unchanged at 103.0 mmt
Argent...
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...