World Perspectives
feed-grains soy-oilseeds wheat

PM Post - Trading Weather

THE OPEN July beans:  11 higher July meal:  stray July soyoil:  140 pts higher July corn:  1 lower July wheat:  2 3/4 higher Big swings continue with the morning features of higher oilshare, higher beans, and lower grains led by corn.  July open interest continues to come out of the market with the official roll starting on the 6th.  Spreads are weaker as the bean basis is lower and new buying comes into new crop contracts.  SOY The major feature of the morning was that of higher oilshare with traders continuing to buy soyoil/sell meal on stories that back both. The biofuels story continues to attract soyoil buyers while the meal basis continues to weaken.  July/Dec meal works into a ca...

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feed-grains soy-oilseeds wheat

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livestock

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Illuminating the value of technical research

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