In a normal summer, the 4 July holiday in the U.S. can be a significant time for the markets. It is especially true for corn, because in a normal summer a large percentage of the corn crop would be starting to pollinate. Any major change in the forecast over this long holiday could make or break prices. Nothing significant happened this year for three reasons:
The corn crop was planted so late that it will be the end of July or early August before pollination begins.
Now that the super rains have receded, most farmers want some sun and warm (maybe even hot) temperatures to kick start this crop. It is kind of scary to be talking about kick starting a corn crop in mid-July. There is no threateningly hot weather in sight.
Market...
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...
