THE OPEN May beans: 6 1/2 higher May meal: 1.50 higher May soyoil: 45 higher May corn: 2 1/4 higher May wheat: 1 lower The markets opened lower and found some profit-taking for grains, while bean prices traded higher. The corn/bean ratio has been skewed in favor of corn, which today saw a needed correction. Products were higher with the soy complex bouncing expecting a good NOPA March crush number today. SOY
The soy complex values remained firm with prices congesting further. May and Nov bean prices found some technical buying interest over $14.00 and $12.65, respectively, though May generally gained on Nov now that the Goldman roll has ended. Poor bean sales...
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...
