THE OPEN November beans: 8 lower December meal: 1.40 lower December soyoil: 77 lower December corn: 2 1/4 lower December wheat: 5 lower The markets opened as called with meal markets firming again to post a new contract high against a struggling soyoil market. Most of the markets except soyoil turned higher on short-covering, pricing, and those wanting to be long on the back of the Sep. 1 stocks numbers. SOY
The major feature of the morning was that of weaker oilshare with traders buying meal on demand and positive technical chart signals, while selling soyoil with its affiliation to a weaker energy market. Dec. oilshare trades down to 31.0% while crush trades up to 1.01c/bu. Novemb...
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...
