THE OPEN May beans: 3 1/2 lower May meal: 1.10 higher May soyoil: 44 lower May corn: 1 1/2 lower May wheat; 3 3/4 lower The markets opened as called with corn gaining on wheat and beans, while oilshare continued to weaken. Wheat prices took out major support as old longs left and technical bears jumped on-board. Meal prices remained firm as Argentine crush and export problems continue, with a farmer strike on the way. Ags could not avoid the heavy macro picture, eventually triggering sell-stops to lower levels, led by wheat trade. SOY
The soy complex traded on a mixed note, as the major feature was lower oilshare, with meal and soyoil backed by their own recent stories. For soyoil, i...
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...
