THE OPEN November beans: 8 higher December meal: 3.90 higher December soyoil: 9 lower December corn: 7 higher December wheat: 3 3/4 higher Prices opened as called on a firm note, with more short-covering in corn and new buying in beans a major feature of trade. The lack of rainfall for the moment and the lower ratings are forcing more fund shorts out of corn. The Chinese business announcements and lower ratings set the stage for a technically driven rally with momentum trades turning higher as early pullbacks in the session held for each market. SOY
The soy complex opened in firm trade with soyoil futures opening lower, but turning higher as beans and meal rallied. The co...
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...
