THE OPEN Nov beans: 5 lower Dec meal: 1.90 lower Dec soyoil: 6 lower Dec corn: 2 1/4 lower Dec wheat: 1 3/4 lower The markets opened lower but grains found a bid led by wheat. Wheat gained on corn with world production possibly heading lower and more business inquiries around. Corn was a follower of higher wheat. Buy wheat/sell bean and buy soyoil/sell meal trade were among the major trends for this trading session in a relatively low volume day of trade. SOY
The trading session resumed with higher oilshare values once again, and a good bid to the soyoil market. Stronger markets will not let you buy them, and for the day the strongest suppo...
What You Need to Know Today: After a period of limited activity, USDA reported a sizeable 613 KMT in soybean export sales, including 330 KMT to China and 283 KMT to unknown destinations, potentially also China. The purchases represent a meaningful pickup in demand and bring China closer to ful...
Key Takeaways: Dry bulk markets remain mixed with Capesize vessels seeing continued pressure from weaker demand while fixtures and rate strength gradually increases towards the smaller vessel classes. Tanker markets are pulling back from their recent highs as tonnage moves out of the Mid...
The Trump import plan for 300,000 MT of beef supplies used for ground beef, i.e., lean trim, from September through November has, according to Secretary Brooke Rollins, brought some relief to beef prices. The Executive Order states that the Secretary of Agriculture will analyze and review the m...
