S&P 500 — US Large Cap Index
FTSE 100 — UK Blue Chips
Euro Stoxx 50 — Eurozone Leaders
DAX 40 — German Equities
CAC 40 — French Market Index
Nikkei 225 — Japan Benchmark
Hang Seng — Hong Kong Index
Shanghai Composite — China Mainland
ASX 200 — Australian Market
TSX Composite — Canada Index
Nifty 50 — India Large Cap
STI Index — Singapore Market
KOSPI — South Korea Index
Bovespa — Brazil Equities
JSE Top 40 — South Africa Index
IPC Index — Mexico Market
Soybean futures rose above $12 per bushel, hitting a three-week high as stronger soybean crushing activity and higher crude oil prices supported the market. The National Oilseed Processors Association data showed members crushed 216.647 million bushels of US soybeans in July, up 1.1% from June and 10.7% from a year earlier. However, the daily crush rate eased to 6.989 million bushels from 7.145 million a month earlier. Traders now await the Pro Farmer field tour for fresh indications on US soybean yields after the USDA lowered its official yield forecasts last week. Heavy Midwest rainfall has also raised concerns over excess moisture and crop conditions. Elsewhere, Chinese demand continued to provide support, with traders reporting that China had already purchased around 7 million metric tons of US soybeans. Meanwhile, disruptions to Russian and Ukrainian grain shipments through the Black Sea, including reduced loadings at Russian ports, added broader support to agricultural markets.
