We saw grain futures rally sharply today as rumors of a Trump-China ag deal sparked optimism, lifting soybean oil, canola, and broader commodity markets higher.
We saw grain futures rally sharply today as rumors of a Trump-China ag deal sparked optimism, lifting soybean oil, canola, and broader commodity markets higher.
Grain futures mixed with corn hitting new lows on crop ratings, soybeans resilient after Senate tax bill news. Weak US dollar boosts export hopes. Wheat rebounds post-Fibonacci retracement, anticipating harvest demand.
June 30 brought steady market action post-acreage report with slight corn acreage surprise. Wheat and soybean stocks showed significant increases affecting futures.
Grains see lower action, wheat down significantly, corn and beans slightly lower. Export sales decline, with notable sales to Egypt. Cattle futures bounce, hogs stable, and metals recover.
Grains tumble for a third straight day as traders liquidate ahead of Monday’s June 30 USDA report and first notice day pressure forces rollover from July contracts.
Crude oil prices plunged $4 after Iran's ineffective missile launch. Grain markets followed lower amid geopolitical concerns, while cattle and hog futures showed mixed movements today.
Grain futures market declines after early gains; weather models show rain returning, affecting production outlook. Cattle futures sharply lower on plant closure rumors; hogs and crude oil hold steady.
Grain futures surged, driven by concerns over disease impact in Kansas, drought in Europe, and Russian emergencies, with wheat prices hitting highs not seen since spring.
Grain futures rise sharply, led by wheat with double-digit gains. Soybeans hit yearly highs despite Brazil's export challenges. Livestock markets show varied movements amid global geopolitical tensions.
Soybean oil surged on strong NOPA crush data and biofuel policy support, while grains fell on weather and meal pressure. Cattle and hogs sharply recovered