THE OPEN November beans: 2 higher December meal: steady December soyoil: 29 higher December corn: 1 1/2 lower December wheat: 1 lower The markets opened on a cautious note as we head towards the Labor Day weekend. Rumors of bean business were around yesterday, so were merely confirmed this morning. Corn futures trended weaker as prices build resistance on the charts. Charts remain generally over bought, and in some cases extremely so, leading to what could be a couple of sessions of choppy trade. Later in the session, negative macros spilled over into the Ag space, resulting in more long liquidation trade. SOY
The soy complex opened as expected, which was met with a round...
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...
