THE OPEN July beans: 1 1/4 lower July meal: .10 lower July soyoil: 7 higher July corn: 1 3/4 lower July wheat: 5 1/2 lower The markets owned as expected but wheat futures tumbled, applying pressure elsewhere on the board. Outside markets were mixed as Federal Reserve Chairman Jerome Powell warned of a prolonged threat resulting from Coronavirus, making clear that a recession could last longer than expected making it hard for the economy to bounce back. Stocks and crude oil prices took a turn lower on the back of those comments, providing a "risk-off" day of trade across the board. SOY
Despite another announcement of beans sold to China the complex traded lower after the o...
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...
