THE OPEN May beans: 11 3/4 higher May meal: 3.90 higher May soyoil: 33 higher May corn: 5 3/4 higher May wheat: 3 1/4 higher The markets opened higher on the back of short-covering activity and firmer world stocks, but early gains faded by the time the 11:00 hour rolled around. Mini-trends became more apparent as corn held firm vs. beans. Oilshare was steady as soyoil found some interim stability at the open, trading lower as crude oil prices broke towards their lows once again. A firmer wheat market also fizzled to two-sided price action, with Chicago markets losing to KC and Minn. SOY
The soy complex opened higher with beans and soyoil posting fresh...
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...