Skip to main content
You have permission to edit this article.
Edit
Soybeans

Soybeans

“The short-term direction of soybean prices will be dictated by the results of the USDA report today, and the changes to the weather forecasts,” The Hightower Report said this morning.

Soybeans are higher overnight, recovering some of yesterday’s losses as weather forecasts still show hot and dry conditions over the next 10 days for much of the western Corn Belt, Bryant Sanderson of CHS Hedging said.

In cash markets, basis bids for soybeans shipped by barge to the U.S. Gulf Coast slipped yesterday as demand from exporters continued to ebb, traders said, according to Total Farm Marketing today.

CropWatch Weekly Update

* I understand and agree that registration on or use of this site constitutes agreement to its user agreement and privacy policy.

Related to this story

Most Popular

“Soybean ended lower after USDA unexpectedly lowered US soybean crush and failed to increase export,” Steve Freed, with ADM Investor Services,…

Soybean prices are mixed this morning trading within the ranges of Thursday after USDA unexpectedly lowered U.S. soybean crush and failed to i…

Soy basis is rising in Brazil, indicating supplies may be getting tight, said Total Farm Marketing.

Nov. soybean futures tumbled 48-3/4 cents to $13.90 overnight. “And, soyoil is in the midst of a collapse, trading 300 points lower following …

Soybean prices have been on the defensive highlighted by long liquidation after last week’s private estimate of higher final U.S. 2021 row cro…

Demand is expected to be the focus of tomorrow’s WASDE report in soybeans, John Payne of Daniels Trading said. That will be the driving force …

Ending stocks for old crop and new still extremely tight – demand from China expected to linger, said Total Farm Marketing.

“The soybean market spiraled lower on sharp weakness in the soyoil market with a possible turnaround in President Biden’s strong stand on gree…

“We’ll need a steady dose of bullish news to propel prices higher,” Total Farm Marketing said. “For now, weather forecasts are changing day-to…

Find the equipment you're looking for

Get up-to-the-minute news sent straight to your device.

Topics

Breaking News