THE OPEN November beans: 7 1/2 higher December meal: 1.40 higher December soyoil: 70 higher December corn: 2 higher December wheat: 9 3/4 higher The markets opened as called with prices trading both sides of even for meal and corn. However, wheat prices remained firm, which put a floor under prices elsewhere on the board. SOY
The soy complex opened on a positive note with prices in ranges but well bid. The markets remain in technical trade with November beans trading into resistance at $13.40 trendline before finding resistance. August beans trades firm with values over the $14.00 level. The nearby inverse continues to see strength, with August / Nov beans trading up to 7...
What You Need to Know Today: American and Mexican officials met Tuesday and will meet again Wednesday for another round of trade talks, where ag and energy will be a key topic. Another round is scheduled for 20 July. Ag groups are urging President Trump to renew USMCA for another 16 years, but...
Since the first U.S. case of New World Screwworm (NWS) was confirmed on 3 June, USDA has confirmed 12 cases. The latest was confirmed in a sheep on 12 June, with four additional cases confirmed in Texas on 11 June, three in cattle and one in a goat. The New Mexico case confirmed that the infect...
Key Takeaways: China has invested heavily in the Port of Chancay to strengthen trade links between South America and Asia. The port could reduce shipping times to China by up to two weeks and improve export competitiveness. Inland transportation infrastructure remains the primary obstacle to r...
