Laurel & Hardy originally posed the question, “What do we do now, Ollie?” However, it remains relevant today for participants in the grain markets. Given the exceedingly bearish market tone, what will the 31 March reports mean for the market?That famous line might be too old for the average Ag Perspectives reader to remember, but it’s from the Laurel & Hardy comedy team that was popular in the 1930s. It sums up pretty well the current situation of the markets: there is no question the bears remain solidly in control. To recap the bears’ influence:
Wheat made a nice rally early this month only to totally collapse back to the lows on forecasts for rain across the dry southern Plains. The soybean export pace remains strong enough t...
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...