Tech Guy Opening Calls 6/15/25

July Wheat - Steady to 1.50 Lower

July Corn - Steady

July Soymeal - 0.10 Lower

July Soybean Oil - 0.04 to 0.14 Higher

July Beans - 0.75 to 1.50 Lower

Crude price - 74.70, up 1.72

S&P price (roll to Sep) - 5974.75, down 4.50

China:

China consumes 30% of the world’s annual soybean meal production.

By far, China has more hogs than any country in the world with about 52 million head of sows producing about 735 million pigs a year. The USA has the second most sows with about 22 million head.

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