There’s a rather wide difference between the United States Department of Agriculture and its Brazil counterpart, Companhia Nacional de Abastecimento (Conab) when it comes to Brazil soybeans.
USDA, Conab widely differ on Brazil soybeans
U.S. grains: Soybeans fall on South American supply, dry weather supports wheat
U.S. soybean and corn futures closed lower on Thursday after touching six-week lows, with both markets facing pressure from hefty South American supplies, traders said.
U.S. grains: Soybeans edge higher as Brazilian market firms
U.S. soybean futures rose on Wednesday, bouncing on a round of bargain buying after the most-active July contract SN24 hit a six-week low, buoyed in part by firming Brazilian soy markets, analysts said.
U.S. grains: Soybeans ease under pressure from firm dollar
Chicago Board of Trade soybean futures extended their fall on Tuesday as a strong dollar weighed down the market, analysts said.
U.S. grains: Markets react calmly to Iran drone attack on Israel
Grain, soy futures end lower; USDA winter wheat ratings decline
CBOT soy, corn and wheat futures closed lower on Monday, anchored by ample grain supplies, slow export demand and a decline in crude oil futures after concerns eased about Iran's weekend drone attack on Israel, analysts said.
U.S. grains: Soybean futures rally, defying bearish USDA report
Chicago Board of Trade grain and soybean futures rallied on Friday on money flow from managed funds, rising demand and weather concerns, analysts said.
U.S. grains: Corn futures drop despite lower US supply numbers
Chicago corn futures dipped on Thursday after the U.S. Department of Agriculture projected domestic ending stocks will remain at a five-year high, despite a reduction from last month.
USDA holds steady on Brazilian production estimates
Soybean and corn production in Brazil remains uncertain after a pair of conflicting reports released April 11.
La Niña weather 60 per cent likely to develop from June-August, says US forecaster
A U.S. government weather forecaster expects an about 60 per cent chance of the La Niña weather pattern characterized by unusually cold temperatures in the Pacific Ocean emerging in the second half of 2024.
U.S. grains: Soy drops, corn ticks up ahead of Brazil and US crop reports
Chicago Board of Trade soy fell on Wednesday after hitting a one-month low as traders awaited a U.S. Department of Agriculture supply and demand report and Brazil's Conab crop forecast.
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