THE OPEN November beans: 9 higher December meal: 3.50 higher December soyoil: 7 higher December corn: 1 higher December wheat: 2 1/4 higher Prices opened as expected with soyoil futures trading into the red at the start of the day and overbought charts prompting early profit-taking. Meal was the star performer on the day, making new ctr highs after the open. Oilshare found profit-taking as meal rallied. Wheat futures gained on corn, triggering buy-stops to clear previous highs and set new ones. SOY
The primary feature of the morning was profit-taking in oilshare. Traders bought meal/sold soyoil as more meal business was transacted. New length in December meal and more ten...
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...
