THE OPEN November beans: 11 lower December meal: 3.50 lower December soyoil: 63 lower December corn: 3 1/4 lower December wheat: 5 3/4 lower Prices opened lower and quickly triggered sell-stops into new lows for the move down on what felt like a bit of panic selling from the start of the trading session. Wheat prices turned mixed with some unwinding of previous buy soy/sell grain trade. End-of-month profit-taking and October liquidation weighed on prices which saw a large downturn. Meal prices collapsed as oilshare finally received a needed bounce off the lows. Slightly better than expected harvest results so far were also price negative. SOY
The scales tipped in th...
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...
