THE OPEN November beans: 1 lower December meal: .80 lower December soyoil: 24 higher December corn: 1 higher December wheat: 2 3/4 lower The markets opened as called with new highs in soyoil while wheat futures entered into weaker trade. Traders were back to buying soyoil/selling meal and buying corn/selling wheat. Double digit losses in wheat created pressure elsewhere on the board during the session. SOY
The main feature in the soy complex was that of firmer oilshare as soyoil futures derived support from higher palm oil and firmer canola trade. December oil, which had been firm since finding support at 3120c, traded to new market highs at 3191c. October oilshare...
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...
