US farm markets were mixed on Monday.
Corn prices ended unchanged, with July printing a 6 1/4 cent range on the day.
Soybeans eased 0.19% lower, after a lackluster set of export inspection data from USDA.
The rest of the soy complex was mixed, as soymeal lifted 0.19%, while soyoil lost almost 1.25%.
Wheat prices were mixed but mostly higher, as Chicago SRW fell 0.95%, while Kansas City HRW rose 1.35%, and MGEX HRS added 0.93%, with hard red wheats underpinned by signs that crops would not been in a good condition as hoped.
In Europe, wheat prices fell after reaching a one-week high in the previous session, with corn following suit.
Rapeseed, meantime, continued to show a very high volatility tumbling 4.35%.
Oil prices climbed more than 2%, as recession fears eased.
The Baltic Exchange’s main sea freight index in London not quoted as the market was closed.
On Wall Street, US stock indexes settled mixed, despite higher bond yields, and debt ceiling concerns, on energy and cybersecurity stocks rally.
The DXY rose by +0.15% on higher T-note yields.
Notably, Chicago wheat July contract was down 6.2c/bu to 654c/bu;
Kansas wheat Jul contract was up 11.2c/bu to 844.2c/bu;
Minneapolis wheat Jul contract was up 7.6c/bu to 843.6c/bu;
MATIF wheat Sep contract, was down €2.5/t to €241.5/t;
Black Sea wheat June contract was down $0.75/t to $274.25/t;
ASX wheat Jul contract, was down A$1.5 to A$378.5/t;
US DWI Cash (durum wheat index) was up 6.79c/bu to 815.58c/bu;
1CWAD (Canadian durum) avg reg was down C$6.61/t to C$411.58/t;
EDW (EU durum) Sep contract, was unchanged to €364.25/t;
Chicago corn Jul was unchanged to 596.4c/bu;
MATIF corn Jun, was down €1.5/t to €229.25/t;
Soybeans Jul contract down 2.6c/bu to 1433.6c/bu;
Winnipeg canola Jul was down C$1.9/t to C$733.2/t;
MATIF rapeseed Aug contract, was up 19.5/t to €429/t;
Brent crude Jul was up US$1.71 per barrel to $77.01;
WTI crude Jun was up US$1.82 per barrel to $73.16;
BDI Baltic Dry Index, market closed;
Dow Jones was down 55.69 points to 33.618,69;
S&P 500 was up 1.87 points to 4.138,12;
NASDAQ Composite up 21.50 points to 12.256,92;
US dollar index (Jun ’23) was up 0.156 to 101.155;
AUD/USD firmer at US$0.6779;
USD/CAD weaker at $1.3373;
EUR/USD weaker at $1.1003;
USD/RUB weaker at ₽77.7233.
