THE OPEN May beans: 8 higher May meal: .70 higher May soyoil: 35 higher May corn: 8 1/2 higher May wheat: 11 higher The markets opened as called with wheat prices putting in sharply higher trade on the back of concerning global weather and higher Matif prices. Fund buying activity was apparent from the start of the day in a technically oriented day of chart-based activity. Oilshare was higher as well, with meal prices continuing to stay in the lower portion of recent ranges. Corn prices found new contract highs. SOY
The soy complex opened into higher oilshare, with beans following the lead of higher soyoil values. NOPA March crush will be released tomorrow, and is expecte...
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...
