THE OPEN May beans: 1/2 lower May meal: 3.30 lower May soyoil: 30 higher May corn: 1/4 higher May wheat: 2 lower The markets opened as called though prices quickly were lower for soyoil and beans. Traders were noted early buyers of corn/sellers of wheat, while oilshare corrected further to the downside. This will be a big day for soyoil price, as tumbling prices now set a possible top in the market. SOY
The soy complex opened as expected with the key feature of sharply lower soyoil prices as bulls head for the exit. Leaking soyoil prices weighed on beans, while meal turned lower as well. Buyers in meal remain patient, as the chart direction continues sideways...
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...