There might be more life on the planet K2-18b than was seen in some of the trading pits today. While some contracts closed higher and others lower, the one consistent thing was lower pre-holiday volume across grains and oilseeds. Ahead of a three-day market hiatus, all major contracts closed in the green in the overnight and opened that way in today’s session. However, by late morning soybeans had turned south and by the close the whole board was mixed, with corn, beans, meal and HRW down, but soyoil, SRW, HRS and the livestock complex closing up. On the holiday shortened week:
It was the fourth week in a row higher for soyoil. It was the fourth week in a row lower for soymeal. It was the second week in a row lower for so...
Key Market Insights Geopolitical Limbo: Geopolitical risk remained a key driver across global commodity markets today. President Trump stated that the Iran memorandum of understanding is not yet final and warned that military action could resume if negotiations fail. Both sides continue w...
Key Takeaways: Drought remains a major threat to global agricultural production, particularly in regions with limited rainfall and growing water scarcity. Commercially available drought-tolerant traits in corn, soybeans, and wheat have generally delivered modest yield improvements, limiting th...
Key Takeaways: Peace at last in the Persian Gulf? Over the weekend, the U.S. announced and Iranian officials confirmed a peace agreement, with formal ratification set for Geneva on 19 June. The announcement means the Strait of Hormuz is set to reopen fully and toll-free within 30 days.&n...
