THE OPEN Nov beans: 1 higher Dec meal: .30 lower Dec soyoil: 3 lower Dec corn: 1/2 lower Dec wheat: 1 higher Prices opened mostly as called with more business announcements sending bean prices quickly higher at the open. Another large sale of corn was announced to China, with back-to-back 596,000 mt sales supportive for corn as it digests recent gains. Wheat prices rose quickly on a technical basis with rising Black Sea premiums in the background adding support along with a much weaker US dollar. SOY
The soy complex opened into surprising strength after crop progress conditions sent prices tumbling overnight. Soyoil futures pulled back in consolidation mode, with traders sprea...
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...
