THE OPEN July beans: 5 1/2 higher July meal: 1.20 higher July soyoil: 24 higher July corn: 1 lower July wheat: 4 higher The markets opened as called with soyoil prices triggering buy-stops to trade to new highs for the move upward with some oilshare bulls locking in profits. Bean prices traded to new highs against lower corn, while wheat gained on corn as well. SOY
The soy complex opened strong but soyoil prices saw two-sided trade as bulls took profits on the soyoil run and oilshare. July soyoil triggered buy-stops over prev. 2814c tops to trade to 2820c, but turned lower when crude oil prices dropped due to more bearish EIA stats. The EIA crude oil report was bea...
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...
