THE OPEN November beans: 4 lower December meal: 1.80 lower December soyoil: 25 higher December corn: 3/4 lower September wheat: 5 1/2 higher The markets opened as expected. Trade chatter about possible record corn and bean crops weighed on those markets, while more positive technical trade kept wheat and soyoil supported at the open. Buy wheat/sell corn trade and buy soyoil/sell meal were features for the day. SOY
The soy complex opened as called with oilshare higher on the back of firmer energies, canola, palm oil, and technicals. Sep. crush traded into new highs at 81c/bu, while oilshare traded to 33.83%. November beans and meal spent most of the trading session in t...
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...
