THE OPEN May beans: 8 1/2 lower May meal: 3.90 lower May soyoil: 3 higher May corn: 2 higher May wheat: 3 3/4 lower The markets opened with more technical selling in the soy complex and wheat. Corn spreads remained firm while bean spreads leaked lower. Oilshare corrected as funds booked profits, spurred on by weaker crude oil prices, and lower canola prices. SOY
The main feature in the soy complex was that of correcting oilshare, particularly after soyoil futures put in a rally that found fund selling. May oilshare trades to 39.59% while crush trades lower to 74c/bu. Spreads leaked lower as the lack of export activity and much lower Brazilian premiums finds funds on the s...
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...
