THE OPEN May beans: 4 higher Ma meal: 2.20 lower May soyoil: 31 lower May corn: 1/2 lower May wheat: 4 lower The markets opened as called with wheat prices lower weighing on corn, and beans steady to better. Soyoil futures turned higher following a firmer crude oil trade. Buy bean/sell wheat spread trade was active, along with a return to buying soyoil/selling meal. SOY
The soy complex traded higher on the day, with product and beans tame at the start of the session. July oilshare traded to 40.50% on a firmer note, with crush at 60c/bu. May bean prices firm from the open, continuing to congest from $14.00-$14.45. However, into the midday hour soyoil pric...
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...
