THE OPEN July beans: 2 higher July meal; .10 lower July soyoil: 10 higher July corn: 3 1/2 higher July wheat: 2 1/2 higher The markets opened as called with traders unwinding previous buy soy/sell grain trade. Corn led the way higher on technical considerations, with charts slightly more constructive and funds covering in partial short positions. Flooding in parts of the northern Corn Belt and concerns over un-planted acreage added to the rally. Rumors persisted throughout the day that China was looking to book corn and beans. SOY
The soy complex opened higher but prices turned lower with July meal trading into new contract lows from the opening. Meal became about 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...
