THE OPEN November beans: 1 lower December meal: .20 lower December soyoil: 23 lower December corn: 1/2 lower September wheat: 3 lower The markets opened defensively and continued to head lower despite the announcement of beans sold to China. Funds are liquidating bean length into the report on Wed. as weather conditions remain ideal. Wheat markets continue to trade lower having broken below the important $5.00 benchmark. Beans were lower as growing conditions are ideal, and tensions continue between the US / China. This morning it was reported that President Trump will move to sanction Hong Kong's Executive Lam and other Chinese officials. SOY
The soy complex traded lower...
What You Need to Know Today: China’s state-run COFCO, in statements on Tuesday, implied that U.S. corn exports were currently uneconomical but hinted that the Middle Kingdom would import 3.5 MMT of the feed grain this year, with 1 MMT likely sourced from the U.S. Another drone attack has...
Tanker-tracking data shows a smaller recovery in oil flowing through the Strait of Hormuz than previously thought. Energy Secretary Chris Wright, speaking by video to an international energy conference in Riyadh, Saudi Arabia, said that oil moving through the strait was back to 80 to 90 percent...
Key Takeaways: While soybean, palm, sunflower, and rapeseed oils dominate global vegetable oil markets, premium oils such as olive, avocado, coconut, and sesame command substantially higher prices due to their distinctive flavors, nutritional characteristics, and specialized culinary uses.. Ol...
