THE OPEN May beans: 4 1/2 higher May meal: 1.00 higher May soyoil: 4 higher May corn: 2 3/4 higher May wheat: 1/4 lower Prices opened as called but a shake-out in oilshare pressured bean prices. Corn gained on beans and wheat found a short-covering bounce into tomorrow's numbers. The Goldman Roll will begin tomorrow, as May contracts are rolled forward. SOY
The major feature in the soy complex was that of breaking spreads and sharply lower soyoil which pressured beans. May beans sold off to major support at $14.00 and November beans found support at $12.60. Both markets recovered off their lows as corn prices rallied. Weaker crude oil price...
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...
