THE OPEN May beans: 6 higher May meal: .90 higher May soyoil: 11 lower May corn: 3 1/2 higher May wheat: 1 lower The markets opened as called with the soy complex entering into still higher trade. The sale of corn to China makes it nearly 4 mmt that they have been purchased in the past four days. Buy corn/sell wheat and buy meal/sell soyoil trade was the early morning feature. Bull-spread activity continues, which pushes deferred contracts into new lows, or towards the lower end of recent trading ranges. The US /China meeting in Alaska was reported to be fairly confrontational and tense as current tariffs and trade discussions continue. SOY
The main feature i...
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...
