THE OPEN Nov beans: 5 lower July meal: 1.50 lower July soyoil: 24 lower Sep corn: 2 1/2 lower Sep wheat: 4 1/2 lower Prices started the day lower with bean trade weaker than expected as China deals with more Covid-19 cases. Soyoil prices turned higher as funds continue to own pullbacks. Wheat prices broke to the downside of recent trading ranges. Inter-market spread activity kept the soy complex supported at its lows while wheat trends turned weaker. SOY
The soy complex opened into surprising weakness today with Nov beans falling under important support at $8.70 which triggered sell-stops and a trip towards key support close to $8.65. Initial nervousnes...
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...
