THE OPEN November beans: 2 1/4 lower December meal: .40 lower December soyoil: 3 lower December corn: 1 14/ lower December wheat: 1 3/4 lower The markets opened as called and jumped either side of even with beans and corn supported by good export sales and more business announcements to China. More fund buying was again noted at the open in very good turnover as corn, beans, and meal climbed to new market highs on a fundamental and technical basis. The strong trend in bean prices remained the catalyst of support for other markets except for soyoil, which was at the mercy of buy meal/sell soyoil trade. SOY
The soy complex once again opened into tentative trade, but funds were ba...
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...
