THE OPEN May beans: 6 1/2 higher May soyoil: 81 higher May meal; .40 lower May corn: 3 3/4 higher May wheat: 6 1/2 higher The markets opened as called with more technical buying sending corn prices to new contract highs for the December contract, while oilshare jumped on traders buying soyoil/sell meal. Beans followed the path of higher soyoil values amidst technical chart-based buying activity. China's statement that commodity prices are too high, thus asking lenders to curtail activity, created a profit-taking run yesterday, perfect for turn-around Tuesday today. The Goldman Roll continues through tomorrow, with open interest increasing in July contracts vs. May. SOY
The soy comple...
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...
