Category Archive

Soybeans– Soybeans saw big move lower today because a federal appeals court ruled that most of Trump’s tariffs are illegal. Trump said that he would appeal this decision. The uncertainty surrounding tariffs will be something to watch going forward. Tariffs can stay in place until October 14, after that the federal court decision kicks in. There has been no update …

Soybeans– The eastern Midwest is dry and will likely miss out on rain late next week. Temperatures in the Midwest are expected to be cooler for the next two weeks, with the potential for frost. Water levels in the Mississippi River have also been affected by dryness which may disrupt exports in the weeks ahead. China continues to buy soybeans …

Soybeans– Soybeans had another quiet day. It seems like traders may be preparing for the holiday. China is starting weekly soybean auctions from their reserves to supply crushers, will increase the demand for new imports. South America has been the primary supplier for China, but that could change if trade deal gets done. US export prices are still competitive. LSEG …

Soybeans– Soybeans were quite again today after trading 2 1/4 cents higher in the overnight session. Lower temperatures are expected to continue over the next 2 weeks in the Midwest. The eastern part of the Midwest will be dry for the next week. China trade negotiators will head to DC for a meeting this week. Soybeans are trading above the …

Soybeans– Soybean conditions are 69% good/excellent, up 1 point above last week. Last year at this time, soybean ratings were 67%. New crop exports are still extremely weak. The PNW ports that ship soybeans to China are still not doing any business. The Midwest will continue to be dry and cooler if the forecast holds. Rains are expected in parts …

Soybeans– Soybeans made a high at 1061 and settled lower at 1047 in the November contract. The funds got rid of their net short position. Soybeans have seen recent support from soybean oil, which rallied after the EPA announcement on Friday. Larger refiners are expected to pick up more production from smaller refiners, which the market views as bullish. South …

Soybeans– The Pro Farmer crop tour has now ended. In Minnesota, 20 soybean samples were taken, with an average of 1128 per 3×3 square. The highest bean counts seen in samples taken were 1578 and the lowest was 332. Minnesota’s figures this year are 6 percent higher than last year, with minimal disease spotted. Iowa beans had an average pod …

Soybeans– It was a solid day for November soybeans, closing up 19 cents. Exports sales were strong this morning. Soybean oil finished up +2.32, while soybean meal closed -3.40 lower. Illinois and Western Iowa showed particularly favorable yields, with Illinois seeing the highest pod count on record. The next 2 weeks are expected to be cooler in the Midwest. China’s …

Soybeans– Day 2 of the Pro Farmer crop tour through, Indiana and Illinois, found only one field with notable disease. Pro Farmer mentioned that Indiana’s moisture ratings are the lowest since 2014. The USDA is expecting a record yield in Indiana, more rain will be needed for that to materialize. In Nebraska, a number of crop diseases were found, most …

Soybeans– Soybeans were 8 cents lower during today’s session after trading unchanged overnight. The Pro Farmer crop tour began today. Today’s tour results took 14 samples with an average of 1421 pods in a 3×3 square, with a high of 2,272 pods and a low of 702 pods. The average of 1421 pods was 190 more pods than 2024. The …