DTN Soybean Meal Strategies

Markets

On Friday, USDA will release a series of follow-ups to Thursday’s WASDE, such as updating the wheat and feed grain datasets at 1 p.m. CDT. At 2:30 p.m. CDT, CFTC will close the week with the Commitments of Traders report, updating positions as of Tuesday, June 9.

Weather

A cold front is pushing into the Southern Plains, Southeast, and East on Friday. Some thunderstorms are currently found near the front, but additional development is likely throughout the day. The most intense storms appear most likely on the East Coast where the heat and humidity could fuel severe wind gusts. Cooler temperatures are settling in behind the front.