Category Archive

Soybeans– The next USDA report is coming up. The August WASDE will be released on Tuesday. Weather has been favorable all season long, but now there is some discussion of sudden death syndrome in some soybean fields. Soybeans were lower again today, with no weather premium being added. Analysts are expecting a slight raise in yield on Tuesday. Despite the …

Soybeans– Soybeans traded higher today due to hotter weather and likely some technical buying, as yesterday soybeans made a fresh 4-month low. Analysts are predicting an increase in yield at 53 bpa for next week’s August WASDE report. The July WASDE report put yield at 52.5 bpa. Production is estimated at 4.374 bb versus 4.335 in July. New crop ending …

Soybeans– Earlier this week, I mentioned the potential for soybeans to move lower due to favorable weather and weak exports. StoneX updated their forecast for soybean yield at 53.6 bpa, while S&P global forecasted yield at 53.5 bpa. The USDA estimated soybean yield at 53.5 bpa in July. If a higher soybean yield materializes, on the August WASDE report, it …

Soybeans– Soybeans moved 2 1/2 cents higher in the overnight session, but closed lower on Tuesday. Soybean conditions are now 69% good/excellent after declining 1% from the week prior. Soybean conditions were 68% at this time last year. StoneX has Brazil’s soybean crop at 177.2 mt, up from 172.8 mt previously. Brazil’s exports are estimated at 110 mt, compared to …

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 …