THE OPEN November beans: 5 lower Dec meal: 1.30 lower Dec soyoil: 11 lower Sep. corn: 1/2 higher Sep wheat: 14 lower The markets opened as called with more weakness noted across the board. Wheat prices quickly headed downward to set new lows. Buy corn/sell bean and wheat trade were noted throughout the session. China remains on holiday until next Monday, but they are probably looking at bean prices as values head lower. Good weather and negative outside markets exerted further downside pressure. Movement remained very quiet with farmers holding tight as funds extended sales. SOY
The soy complex opened into weaker trade as funds may be short beans, meal, and soyoil f...
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...
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