THE OPEN November beans: 4 higher December meal: 3.20 higher December soyoil: 10 lower December corn: 4 higher December wheat: 1 lower The markets opened as expected with highlights being weaker oilshare, and buy corn/sell wheat trade. Funds yesterday purchased 30K beans, 55K corn, and 25K wheat, leaving them long an estimated 217K beans, 145K corn, and 30K wheat. The significant amount of buying activity reinforces and reignites the uptrends, with upward pressure coming from the net bullish report and positive technical signals. SOY
The key highlight in the soy complex is that of weaker oilshare, as a bullish report reinforced meal strength, while soyoil is on a w...
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...
