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Tag Archives soybean


Photo: Thinkstock
Crops, Markets, Reuters

U.S. grains: Chicago corn futures hit new lows

Exports being lost because of US-Mexico rail crossing closures, industry says

By P.J. Huffstutter, Reuters, GFM Network News December 20, 2023
Chicago front-months' corn contracts hit new lows on Wednesday after the U.S. government closed two key rail crossings into Mexico, the top importer of U.S. corn, in response to rising migrant crossings.

Photo: Thinkstock
Crops, Markets

CBOT weekly outlook: U.S. wheat remains rangebound 

U.S. wheat prices essentially bottomed out during late November; recovered somewhat in December

By Glen Hallick Marketsfarm, GFM Network News December 20, 2023
United States wheat prices have been in something of a quandary lately, with any hope of higher prices curtailed by the need to remain competitive with cheaper Russian wheat, according to Tom Lilja of Progressive Ag in Fargo, North Dakota.  


(Medioimages/Photodisc/Getty Images)
Markets, Reuters

U.S. grains: Chicago soybeans turn lower on rain forecast in Brazil

Wheat futures rose on a technical bounce

By P.J. Huffstutter, Reuters, GFM Network News December 19, 2023
Chicago soybean futures turned lower on Tuesday, as weather forecasts called for Brazil's dry crop belts getting some much-needed rainfall in the coming days.

Soybeans ZSF24 for Dec. 18 with Bollinger bands over 20 days. (Barchart)
Crops, Markets, Reuters

U.S. grains: Soybeans rally as Argentina seeks to raise meal, oil export taxes

Good export demand also underpinned soybeans

By Karl Plume, Reuters, GFM Network News December 18, 2023
U.S. soybean futures clawed back early losses and ended higher on Monday on good U.S. export demand and after Argentina's new government said it would raise export taxes on soymeal and soyoil in the world's supplier of the soy products.


CBOT soybeans ZSF24 as of Dec. 15 (Barchart).
Markets, Reuters

U.S. grains: Soy posts first weekly gain in 1-1/2 months

Traders waited to see whether beneficial rains will arrive in dry areas of Brazil

By Reuters, Tom Polansek, GFM Network News December 15, 2023
Chicago | Reuters -- U.S. soybean futures finished higher in the nearby contract and lower in deferred months on Friday as traders waited to see whether beneficial rains will arrive in dry areas of Brazil as expected.

January 2024 CBOT soybeans as of Dec. 14, 2023, with moving averages over 20, 50 and 100 days. (Barchart)
Markets, Reuters

U.S. grains: Soy futures rise amid US export demand

China may buy a couple more cargoes of U.S. soy for next-year delivery: analysts

By Reuters, Tom Polansek, GFM Network News December 14, 2023
Chicago | Reuters -- Chicago Board of Trade soybean futures settled higher on Thursday on steady U.S. export demand and weakness in the dollar, analysts said.


Photo: Getty Images
Markets, Reuters

U.S. grains: Soybeans tumble on improving weather forecast for Brazil

Corn and wheat futures also traded lower

By brendan-obrien, Reuters, GFM Network News December 13, 2023
Chicago soybean futures sank for a second consecutive session on Wednesday as the prospect of rain in Brazil eased worries about drought damaging harvest prospects in the world's top exporter.

Photo: iStock/Getty Images

U.S. grains: Soy futures end down as traders eye Brazil weather

Wheat and corn futures advance

By Reuters, Tom Polansek, GFM Network News December 12, 2023
Chicago Board of Trade soybean futures backpedaled on Tuesday after reaching their highest price in December as traders assessed risks from unfavorable crop weather in Brazil.


Photo: Getty Images
Markets, Reuters

U.S. grains: Soybeans finish higher on Brazil weather concerns, global demand

Wheat futures plummeted; corn pressured by spillover weakness

By brendan-obrien, Reuters, GFM Network News December 11, 2023
U.S. soybean futures rose on Monday as concerns re-emerged that drought conditions in Brazil are having a detrimental effect on crops in the top-producing nation and after the U.S. government announced another export sale.

(Medioimages/Photodisc/Getty Images)
Crops, Markets, Reuters

U.S. grains: CBOT grain, soybean futures tumble after monthly USDA data

U.S. government reported sales of 1,120,000 tons of soft red wheat to China this week

By brendan-obrien, Reuters, GFM Network News December 8, 2023
U.S. soybean futures fell on Friday after the Department of Agriculture's updated estimate of Brazil's soybean harvest fell toward the high end of trade expectations, easing concerns about global supplies of the oilseed.


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