THE OPEN Jan beans: 10 lower Jan meal: 3.80 lower Jan soyoil: 58 lower March down: 2 1/2 lower March wheat: 3 1/4 lower The markets opened in line with trade expectations as funds sold into commercial pricing activity. Corn continues to hold up well against beans, while meal holds up well against soyoil. Wheat attempts to stabilize but funds sell the small rally sending prices back towards trading range lows. More rainfall, a quiet export picture, and the mechanics of rolling futures forward finds most of the markets in a defensive strategy. SOY
The markets melted down a bit lower today, perhaps making room for a rally back in case the Dec. report is more bullish than expected. Jan m...
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...