THE OPEN May beans: 3/4 higher May meal: 1.80 higher May soyoil: 69 higher May corn: 1 higher May wheat: 3 1/2 lower Prices opened as expected with solid gains in the soy complex that worked to put a floor under grains. This also found short-covering as well. After the open, prices were higher across the floor. SOY
The soy complex put in a healthy trade to the upside as beans and meal seemed to make up for the time lag with soyoil prices at new contract highs. Meal gained on soyoil, correcting July oilshare back to 40.0%. May bean prices rally, trading back towards the upper end of the range which is now from $14.40-$14.35. November bean prices tr...
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...
