THE OPEN July beans: 5 higher July meal: 2.00 higher July soyoil; 31 lower July corn: 2 1/2 higher July wheat: 7 1/2 higher Prices started the day at market highs, except for soyoil, with better buying after the open, and a short-covering rally in corn and meal. The rally was primarily led by beans, which broke out of its sideways pattern to trade into new highs. Funds were buyers into good commercial selling as better prices were placed. SOY
The soy complex opened with a good rally as charts were more constructive which triggered further buying in beans and meal. Soyoil prices continued to labor with funds already long and prices working back towards trading range...
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...
