THE OPEN Nov beans: 7 higher July meal: 1.10 higher July soyoil: 59 higher July corn: 2 1/4 higher July wheat: 1 lower The markets opened with further gains in the soy complex as grains remained a mixed affair. Macro markets added more buying interest, as the meeting between Chinese reps and Pompeo yielded net positive results. Chinese representatives pledge to step up purchases of US ags, including beans, ethanol, and HRW, as well as corn. Forecasts for rainfall over the entire Midwest weighed on new crop as prices firmed. SOY
The key feature of the morning was that of higher oilshare and firmer bean prices. Traders continued to buy soyoil on higher energies...
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...
