Category Archive

Soybeans– Soybeans saw some profit taking after some higher prices this week. Part of the drop today could also be some buy the rumor sell the fact, as it was confirmed that China’s Xi will be attending the APEC Summit. President Trump plans to meet with Japan on Tuesday, South Korea on Wednesday, and China on Thursday next week. The …

Soybeans– Soybeans continue to show strength ahead of the meeting with China at the end of the month. Brazil’s production is now estimated at 171.8 mt, which is 6.5 mt higher than the previous estimate. Exports are estimated at 110 mt versus the prior estimate at 109.5 mt. Brazil soybean meal crushing is estimated at 60.5 mt for new crop, …

Soybeans– Soybeans traded 4 cents higher in the November contract and slightly higher in the January contract. There continues to be optimism about a deal with China. Soybeans have also been supported by recent strength in soybean meal. It sounds like the US is going to start importing beef from Argentina. While it’s still speculation at this point, that deal …

Soybeans– Soybeans traded slightly lower today, after a 5 cent gain in the overnight session. After some doubt last week, Trump is expected to meet with Xi at the end of the month. After a long period of back-and-forth trade negotiations Trump and Xi need to find a way to make a deal. Neither China or the US would benefit …

Soybeans– Soybeans are starting to rally. The higher move today comes after a 9 3/4 cent gain in the overnight session. The US government seems to be putting a bigger emphasis on the China issue, and soybean exports are seeing wider media coverage. There seems to be a lot of optimism towards completing a deal with China. Treasury Secretary Bessent …

Soybeans– Soybeans traded 10 cents higher today, after trading 3 1/2 cents higher in the overnight session. The market seems to be optimistic about a meeting between President Trump and China’s Xi in the next 2 weeks. With US soybeans at a discount to Brazil, there has been talk of China selling of 3.5 mt of reserve soybeans instead of …

Soybeans– Soybeans traded 5 cents higher, after trading 3 1/4 cents higher in the overnight session. Soybeans continue to respond well to the increasing trade tensions. Treasury Secretary Bessent mentioned this morning that a trade truce is likely going forward, instead of the current and proposed tariff schedule. Trump and Xi’s meeting at the end of the month is still …

Soybeans– Soybeans reacted well to yesterday’s social media post by President Trump where he mentioned the possibility of terminating cooking oil imports from China because of the lack of soybean purchases. Soybeans traded close to unchanged, after a 4 1/4 cent slip in the overnight session. Soybean meal had a strong reaction to Trump’s comments, trading 1.60 higher. Soybean oil …

Soybeans– Soybeans closed slightly lower today, after trading 4 3/4 cents lower in the overnight session. Harvest is picking up, now estimated at 60% complete. China has record high soybean stocks sitting in their ports. With China deciding to import so many soybeans from South America, China’s grain prices are trending lower. You’d think at some point Chinese soybean farmers …