THE OPEN Jan beans: 9 lower Dec meal: 3.30 lower Dec soyoil: 7 lower Dec corn: 5 1/4 lower Dec wheat: 2 1/2 lower Prices opened lower and continued to find small rallies at the open as opportunities to lighten up on length. However, oilshare values were higher, as soyoil made a turn-around trading higher from lower, which put a floor under beans. Gap - higher levels from earlier this week in beans and corn were challenged, but left open at midday. The absence of Chinese business over the last few weeks has been noticeable, and the rains over Brazil prompted some longs to take something off the table. SOY
The major feature in this market was that of higher oilshare as soyoil futures t...
What You Need to Know Today: Crude oil prices extended their rally today, supported by several developments, including escalating Houthi attacks on Saudi Arabian oil infrastructure and growing concerns about supply disruptions. The Trump administration is reportedly preparing to remove 50 perc...
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