THE OPEN Jan beans: 2 1/2 lower Jan meal: 2.90 lower Jan soyoil: 42 higher March corn: 4 lower March wheat: 3 1/4 lower The markets opened on a mixed note and into tentative trade, with mostly defensive trade except in soyoil. Higher oilshare was the feature of the morning. Grains slipped lower led by weaker wheat trade. SOY
The soy complex traded mixed today with beans and meal lower against a firmer soyoil market. January oilshare traded to 32.88% on the back of higher Asian oil prices, tightening vegoil balance sheets, and sharply higher palm oil trade. Palm oil traded into a new contract high, with November palm oil stocks forecast to be down by 2% with p...
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...