The Market It was a tough week for soybeans, which must have seen a dead cat bounce last week because this week peeled back the July contract by 46.5 cents and sent it back below $14 for the first time in a long while. There was even more ignominy for soyoil, with the July contract marking a new contract low (49₵/pound intrasession) and losing 8.8 percent for the week. Soyoil got beat down each and every day this week. Only soymeal ended in the black for this second week in May, adding $6.80 to July and closing at 432.9/ST.
Speculators again cut their net long positions, this time by 9,847 contracts, down to 27,027 contracts. USDA’s May WASDE was released today, and it sees U.S. soybean exports dipping, plus domestic and gl...
There are plenty of major headlines moving across the markets today, but the reaction beneath them remains cautious. Crude oil is holding steady despite reports of progress involving the Strait of Hormuz, corn and soybeans remain tied to changing weather forecasts, and wheat continues to weigh...
Russian Grain Markets: 27–31 July 2026 Russian grain prices declined sharply during the week under review as new-crop supplies entered the market and demand weakened. Corn and barley prices declined, while both milling and feed wheat and rye experienced larger losses. The harvest campaign...
What You Need to Know Today: U.S. Treasury Secretary Bessent said the U.S. and Iran could “today or tomorrow” reach a deal to reopen the Strait of Hormuz. Despite the Secretary’s claims, an attack on a vessel off the Omani coast suggests plenty of risk remains in forming a lo...