THE OPEN March beans: 6 higher March meal: 3.80 higher March soyoil: 24 higher March corn: 2 1/2 higher March wheat: 3 1/4 lower The markets opened as called with new contract highs set in corn from the open, while profit-taking was noted in the soy complex. All in all, the markets remained well bid, with the key feature being the lack of US and SA farmer selling, as producers await potentially higher prices in 2021. Corn and beans continue to fight for acreage this spring with the new crop bean/corn ratio at 2.61:1, heavily favoring soybeans. SOY
Prices moved to the highest level since June 2014 for soybeans, with meal and soyoil trading to new contract highs today.&nbs...
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...
