THE OPEN July beans: 2 1/2 lower July meal: 1.20 lower July soyoil: 3 higher July corn: 3/4 higher July wheat: 3 lower Prices opened as called but funds were back to selling the markets again after the open. The digestion of the May numbers still suggests that stocks could build, bringing a defensive tone to the market as weather remains neutral. Oilshare was firmer as prices once more went on the defensive. Wheat prices traded both sides of $5.00 after reaching new lows for the move down. SOY
The feature in the soy complex was that of firmer oilshare, as soyoil prices traded either side of even, with July prices back over 26c as has been the overall trend. A...
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...
