The CBOT ended mixed with the soy complex rallying on strong soymeal and a turnaround in soyoil prices, coupled with a hot, dry August U.S. weather forecast– the key soybean yield determining period. Corn prices were mixed with the July contract rallying again amid strong spot commercial demand while deferred futures weakened under pressure from the looming Grain Stocks and June acreage reports due out tomorrow. Wheat was mostly lower as demand for U.S. grain remains tepid but variable yield results from the U.S. plains pushed KCBT wheat higher. Pre-report expectations for the Grain Stocks report are provided below.
The June Hogs and Pigs report was largely in-line with pre-report expectations but held some interesting dynami...
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...
What You Need to Know Today: The hot, dry weather forecast continues to drive strength in grain futures with corn and soybeans hitting another day of strong gains. Monday’s Crop Progress and Conditions data were in line with market expectations and showed relatively few concerns for the...
Yesterday we wrote about the Q1 GDP numbers and the June employment reports in an article entitled Real GDP for Q1 Relying on AI Buildout, Held Back by Consumer Spending. That article mentioned that consumer spending had become a drag on GDP. Nonetheless, real GDP in Q1 was revised upward to 2...
