Category Archive

Soybeans– Soybeans moved higher to start the week, however more downside may be ahead. Weather for soybean growers has been favorable and South America has been making soybean meal sales, while the U.S has a soybean meal supply glut. Soybean oil could see further downside as soybean meal has been rallying recently. Looking further out, the oil share should continue …

The grain markets have been very slow lately, but there is still opportunity if you use options. If you think the grains can shoot higher from here, or if you think they sink lower, I have trades for you to look at below. I have strangles in the soybeans, corn and wheat. You are buying premium only, so 0 margin …

Soybeans– The recent trade deal announcement with South Korea mentioned further exports of U.S. beef and rice, however there was no mention of soybeans or corn. Other than Japan, there has been a lack of Ag related announcements as part of these trade deals. The market has been underwhelmed with trade deal progress as the soybean market has not seen …

Soybeans– Trade deal talks are still ongoing with many key countries as deadlines are approaching. A deal was recently made with South Korea, while Canada faces 25% tariff on its exports to the U.S. if they fail to come to an agreement by tomorrow.  Earlier today, the White House announced Mexico would have an extra 90 days to negotiate a …

Soybeans– Rain is moving through Iowa and Nebraska today, with rains expected to continue over the eastern corn belt. Below-average temperatures are expected for the weekend with temperatures increasing again in the week 2 forecast. China trade deal discussions were reported as constructive. Chinese Vice Commerce Minister Li Chenggang said both countries “agreed to push for the continued extension,” which …

Soybeans– Growing conditions have been favorable, overall, for soybeans. Soybean ratings for this week improved by 2 points to 70% good/excellent. Soybeans now have the best conditions for this week of the year since 2020. Last year at this time, soybean ratings were 67% good/excellent. China and U.S. trade discussions continued today in Sweden. China has yet purchased any soybeans …

Soybeans– Soybeans were not able to rally despite trade deal developments. Argentina announced the export tax for soybeans will drop from 33% to 26%. For soybean products, the export tax will be reduced from 31% to 24.5%. Argentina has stated that these export tax reductions are permanent. The export tax reduction and the current weather pattern have weighed negatively on …

Soybeans– Soybean traders are still unpacking the recent trade deals with the Philippines and Japan. The trade deal news has not impacted soybeans significantly in either direction. Last night, the White House said that the Japanese trade deal could include $8 billion worth of U.S. Ag products, however specific figures were not specified. Trade talks with China are scheduled to …

Soybeans– There was a trade deal made yesterday with the Philippines, and today there was a deal made with Japan. Despite the trade deals, soybeans were not able to rally. Further trade deals with South Korea, India, and the EU would be bullish. President Trump is expected to meet with China’s Xi this fall. The 14 day forecast shows temperatures …