THE OPEN May beans: 2 higher May meal: steady May soyoil: 48 higher May corn: 3 1/2 lower May wheat: 7 lower The soy complex opened as called with prices placing new contract highs in soyoil with an upside break-out in the bean market out of recent congestive trade. Opening highlights included new contract highs in soyoil and further strength in oil share. Grains were reluctant followers, with recent new shorts in corn and wheat covering on soy complex strength. SOY
The soy complex put in an opening rally from the start of the trading session, with May beans exiting out of a period of consolidation (triangle formation), to the upside on further technical buying led by soy...
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...
