July 2021 International Grains Update

South American Soybeans futures (SAS) volume June 2021

SAS volume in June: futures volume of 3,160 lots; open interest of 873 lots at month-end.

SAS (Nov’21) vs. Chicago Soybeans (Nov’21)

Market Premiums
Market Volatility

Black Sea Wheat futures (BWF) & options (BWO) volume June 2021

Black Sea wheat volume in June: futures volume of 31,379 lots (new record high), 500 lots options traded; open interest (across F&O) of 24,780 lots at month-end.

BWF (Sep’21) vs. Chicago Wheat and KC Wheat (Sep’21)

Black Sea Premium
Market Volatility

Commitment of Traders Report (as of June 22nd)

Black Sea Corn futures (BCF) volume June 2021

Black Sea corn futures (BCF) in June: 3,294 lots traded; open interest (across F&O) 7,780 lots at month-end (new record high open interest)

BCF (Nov’21) vs. Chicago Corn (Dec’21)

Black Sea Premium
Market Volatility


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