THE OPEN March beans: 19 higher March meal: 6.80 higher March soyoil: 63 higher March corn: 3 higher March wheat: 3 1/4 higher March canola: 4.50 higher Prices opened as expected with wheat turning lower and the rest of the markets selling off from opening strength. Buy corn/sell wheat and buy beans/sell wheat trade was noted. Prices were able to hold at key lows, though weakening wheat created nervous profit-taking at new contract highs. SOY
The soy complex started the day with a profit-taking setback but once again those needing to price or get something on the books were there to buy the break. March beans fell at the start of the trading session along with pro...
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...
