Conventional Commodity Market Intelligence

Global conventional soybean benchmarks remain the primary valuation anchors, spanning roughly $371.57-$442.45 per metric ton on FRED and $404-$473 per metric ton on World Bank prints, for a mid-$370s to high-$470s corridor. Domestic U.S. #1 soybean cash bids and futures settlements are sparsely populated this cycle, so international spot series provide the usable numerical reference until local averages repopulate. USDA feeder cattle listings carry no reported minimum, maximum, or average prices, leaving conventional feeder price discovery effectively blank in this pull. Conventional dairy pow