GOOD MORNING, The markets were mixed overnight, with the exception of soyoil futures which once again traded to new contract highs. Oilshare remains an aggressive bull market on strength in global veg oils for food and for biodiesel demand. Meal consolidates at the bottom of its trading range, while beans are in the middle. The report that is important today will the Feb. NOPA crush, with advertised estimates at 168.6 mln bu vs. the prev. month at 184.65 mln bu., and vs. 166.29 mln bu year ago. Soyoil ending stocks are forecast at 1.839 lbn lbs, vs. 1.799 bln end of Jan, and vs. 1.922 bln lbs year ago. The report will be released at 11:00 central time. The market was relatively subdued in the PM s...
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...
From WPI Consulting
Illuminating the value of technical research
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