THE OPEN Nov beans; 1/4 lower July meal: .30 lower July soyoil: 3 lower Sep. corn: 1/2 higher Sep. wheat: 3/4 lower Prices started the day higher for the soy complex but lower for wheat. Wheat prices continued to see downside follow-through which eventually weighed on corn, while the soy complex turned higher from lower. Buy bean/sell wheat trade was the major feature of the day. SOY
The soy complex started the day mixed, but prices turned higher after the open. July soyoil traded down to major support at 2780c, which once again held for the day. Sep. crush traded down to 82c/bu while oilshare traded higher to 32.82%. Bean spreads continu...
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...