THE OPEN July beans: 3 higher July meal: .40 higher July soyoil: 21 higher July corn: 1 1/2 higher July wheat: 1 higher The markets opened as called but turned mixed after the open as more headlines emerged about possible sanctions for China in lieu of the Hong Kong crackdowns. Meal prices dropped back towards current contract lows as overall feed demand continues to suffer. Rabobank forecast that Southeast Asian feed demand could drop by 5.5% year over year with economic fallout from the coronavirus limiting animal protein consumption in Vietnam, Indonesia, Malaysia, Philippines and Thailand. SOY
The main feature in the soy complex was that of higher oilshare. August crush trades down to 83c/bu...
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...
