THE OPEN July beans: 4 higher July meal: 1.90 higher July soyoil: 10 higher July corn: 1 1/2 lower July wheat: 4 1/2 higher The markets opened as expected as corn returned as the "sell" leg today. The wheat market rebounded on short-covering and calls for Russia to see reduced production. Wheat /corn and bean/corn spread activity continued for the majority of the day. As the session progressed, the wheat market put in a sizable rally on short-covering, pricing, and bargain hunting. SOY
The soy complex traded higher today led mostly soyoil, as crude oil prices continue to show signs of stabilization. Funds remain slightly short soyoil which helped to fuel a bounce as prices atte...
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...