THE OPEN Jan beans: 5-7 higher Jan meal: 1.10 higher Jan soyoil: 52 higher March corn: 2 1/2 higher March wheat: 6 1/2 lower The markets opened as expected with the key feature being that of breaking wheat prices. Prices elsewhere remained firm as traders bought corn and beans on Chinese rumors while selling wheat as it should remain the bearish market heading into the December 10 WASDE report. SOY
The soy complex opened higher with a small pullback as wheat prices broke lower. However, the markets remained well bid with soyoil following higher canola and firmer crude. Canola prices were higher on the bullish Stats Canada production number, which created a test of recent...
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...
