GOOD MORNING, Prices are mixed featuring further gains in corn and a rebound in meal. Nearby corn spreads are firmer on a strong domestic US basis and very good export inspections report from yesterday. Wet weather may hold up plantings, and we need ideal weather in order to achieve maximum production. Brazil's Safrinha crop remains behind and weather continues wet in areas where the crop still needs to be planted. Meal prices are higher on technically oversold conditions and a much lower than expected NOPA crush report from yesterday. Soyoil futures are lower on weaker energies, as traders book oilshare profits. Wheat futures are lower on technical considerations. The mission of the market is to n...
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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...