THE OPEN Jan beans: 14 lower Jan meal: 6.60 lower Jan soyoil: 25 lower March corn: 4 lower March wheat: 1/2 lower The markets opened as called with a good bounce out of the wheat market stabilizing prices across the rest of the board. Short-covering was noted for the rest of the markets, with soyoil turning higher against meal briefly. Profit-taking was noted for the March wheat/corn spread, which was partially responsible for the wheat upside correction. SOY
The major feature in the soy complex was that of higher oilshare as Jan soyoil prices appeared to have met a cycle low at 3650c with a bounce back over 37c. Higher soyoil came on the back of firmer crude, which traded to $...
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...
