THE OPEN November beans: 4 1/2 higher December meal: 2.90 higher December soyoil: 5 lower December corn: 3/4 lower December wheat: 1 1/4 lower The markets opened as expected with further new highs in beans and profit-taking in oilshare. Meal prices broke out to the upside after seeing very subdued price action for most of the week. Corn prices continued to back away from morning highs trading into the red. Poorer weather forecasts, strong overseas markets, and continued demand from China held prices in check as grains and soyoil entered into more back and fill trade. SOY
The soy complex opened as called with profit-taking in oilshare. December meal prices tra...
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...