GOOD MORNING,
Inter-market spread activity continues as funds buy beans and sell grains. US beans are a good buy for the moment, and China has been busy this week. World vegoils are firming up as countries come out of lock-down, with China and India resuming its purchases of palm oil. Soyoil trades higher following 2% gains in palm oil trade overnight. Crude helps all commodities in general as it continues to see short-covering on the prospect for further world cuts. News-wires are reporting that Russia and OPEC's Saudi Arabia have come to an agreement to extend oil production cuts by another month. Corn prices weaken overnight as weather remains benign. EIA repor...
What You Need to Know Today: President Trump claimed the ceasefire between the U.S. and Iran was over, as both sides accused one another of violating the terms of the agreement. Commercial vessels are increasingly steering clear of the Strait of Hormuz as security risks escalate following Iran...
Key Takeaways: The CME Group is launching new 90 percent Lean Beef and 50 percent Lean Beef futures and options contracts in July. There are five key factors that must be present in physical markets and futures contract specifications for futures contracts to become successful. The two l...
Russian Grain Markets: 29 June-3 July 2026 The new marketing season has officially begun in Russia, although bearish sentiment has been concentrated in the southern regions closest to the Black Sea ports, where export demand has been weakest. Delays in grain deliveries to inland elevators have...
