THE OPEN Nov beans: 2 3/4 higher Dec meal: .30 higher Dec soyoil: 40 higher Dec corn: 1 1/2 lower Dec wheat: 4 3/4 lower The markets opened as called but the expectation for increased harvest and overbought markets sent prices into a badly needed round of profit-taking. Sell-stops were triggered in beans, with wheat prices leading the way lower. Weaker wheat weighed on corn, despite more biz announcements to China. Charts were in back and fill territory today for a turn-around Tuesday session of trade. Weaker spreads recently foreshadowed the break. SOY
New highs in December soyoil futures and profit-taking in beans set the stage for a correction for the soy complex...
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...
