Conventional Commodity Market Intelligence
The lack of specific pricing series for soybeans or related grains from USDA, FRED, World Bank, or futures sources restricts direct comparison to organic trade flows. U.S. conventional corn and soybean basis strengthened at key locations on June 1, 2026, reflecting firmer local demand and supporting cash values ahead of June 8, 2026. Buttermilk powder traded at $1.75-$1.90 per pound in the West and $1.77-$1.89 per pound in Central/East US. Dry whole milk ranged from $2.28-$2.60 per pound nationally, while nonfat dry milk traded at $2.08-$2.42 per pound. Skim milk powder ranged from $3,500-$3,8
Conventional Commodity Market Intelligence ·Jun 8, 2026·