THE OPEN May beans: 22 lower May meal: 5.40 lower May soyoil: 50 lower May corn: 8 1/2 lower May wheat: 12 lower The markets opened lower triggering sell-stops as funds sold / liquidated length all day into scale-down commercial pricing activity. Soyoil futures recovered first as traders continue to buy soyoil/sell meal trade, pushing oilshare into 8-year highs. Beans split the middle, while wheat gained on corn. SOY
The key feature of the soy complex was that of further price liquidation, new lows in meal, and higher oilshare. May crush trades up to 72.10c/bu while oilshare strengthens to 39.42%. May and November beans trend lower on selling pressure as the mission of th...
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...