THE OPEN Nov beans: 9 higher Dec meal: .20 lower Dec soyoil: 120 pts higher Dec corn: 4 higher Dec wheat: 10 higher Prices opened as expected with upside follow-through on a good technical close and chatter that China has come back and booked beans. Spreads also strengthened which helped the bull's cause. Later in the session soyoil prices turned lower from higher, taking bean prices along for the ride as a new headline was released that stated the EPA was considering cuts to biofuel blending obligations for 2020, 21, and 22. Chinese markets opened and stocks were down only fractionally, which helped to stabilize markets globally, particularly the US. SOY
Bean pric...
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...
What You Need to Know Today: The hot, dry weather forecast continues to drive strength in grain futures with corn and soybeans hitting another day of strong gains. Monday’s Crop Progress and Conditions data were in line with market expectations and showed relatively few concerns for the...