GOOD MORNING, The Sep. 1 report is out of the way and in its wake is market digestion. After a large rally, prices are lower this morning as we enter a clear harvest weekend. The markets are no doubt impacted by macros that are lower on the announcement that Trump and the first lady tested positive for Covid. Most of the markets are in the red. Ags are going to show us if prices were completely overdone on Wednesday post report, but good pullbacks are good buying opportunities. Funds have purchased plenty of new long contracts, which suggests that they believe there are higher targets to be yet attained. Demand is big and pipelines need to be refilled. US corn will be the cheapest until February. S...
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...
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Illuminating the value of technical research
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