Agri Blog
Grain Markets Commentary | June 2 2021
SPREADS August oilshare trades to 44.82% while crush trades up to 82c/bu. Jly/Nov bean inverse reached a six week low trading down to 1.45 1/2c. July/Dec meal trades from a $2.80 inverse down to 0.70c carry. July/Dec corn trades from 1.08c inverse to 1.11 3/4c. ...
Markets Remain Strong Fueled by Bullish Corn
THE OPEN: July beans: 27 higher July meal: 5.40 higher July soyoil; 97 higher July corn: 20 3/4 higher July wheat: 18 1/2 higher The board opened into a strong start with many markets across the spectrum in the green, including crude oil, which is typically a...
China to Curb Rising Commodity Prices
QUICK SUMMARY Prices traded higher overnight led by soyoil, which stabilized bean trade. Bean bullspreads are working again, finding support after Monday's sell-off. Morning trends feature beans gaining on corn, and soyoil on meal, as traders buy oilshare. Demand...