THE OPEN November beans: 3/4 higher December meal: 1.50 lower December soyoil: 14 higher December corn: 1 higher December wheat: 3 1/2 lower The markets opened as expected with corn prices firming after the open. Buy corn/sell wheat was a fan-featured trade. Prices traded higher for the most part after the open on a combination of weekend short-covering heading into what is full-ahead harvesting. SOY
The soy complex started the day on a tentative note but firmed after prices seemed to hold onto the $10.00 level in November. December soyoil futures continued to trade upward back towards 33c on higher palm and canola prices. Nov oilshare bounced to 32.80% as soyoil prices...
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...