Category Archive

COMMENTARY: SOY BEANS – The market rallied today. The reasons could potentially include that the global veg oil markets have yet to ease. It is important to note that supply issues are being satisfied, albeit slower than wanted. The export inspections have picked up, and the market appears to be grabbing this as a big deal. It appears important to …

COMMENTARY: SOY BEANS – The beans were a bit lower Friday after the recent appreciation in price. The recent sales mostly to China have been better. The weekly sales were just under 2.9 mmt. This is a positive but the Chinese purchases are way off at present. The weather in South America have been beneficial. However, duly noted they are …

COMMENTARY: SOY BEANS – The beans were higher yet again. Interestingly, the tech picture has not shifted to bullish they way I look at it.  The market in my opinion is following a general theme of inflation. This with a general fear of the potential for La Nina. The market tends to focus on what it wants to. The current fundamentals …

COMMENTARY: SOY BEANS – The beans bounced today led by the soy meal. There really does not seem a reason for beans to be higher at present, in my opinion. The harvest progress is moving along nicely. The Brazilian planting is moving at a fast pace. The weather there has been good. The export pace is behind. The concerns at …

COMMENTARY: SOY BEANS – The beans traded two sided today. The market paused a bit after yesterday’s decline. In my opinion the market has further work to do to the down side. The carry could continue to increase. The demand from the US has slowed. This could last through the first quarter. The Brazilian market should dominate in the export …

COMMENTARY: SOY BEANS – The USDA report today was important , in my opinion . The domestic market saw the USDA raise the 21/22 production . The demand was adjusted . This shows now a 320 million bushel carry . It has been my suggestion for some time that the carry will rise above 300 million bu . This essentially …

COMMENTARY: SOY BEANS – The soybean market is rallying today. There are a couple reasons. First the crude market is continuing its higher trade. The second and most important is the bean oil is making a significant move higher. More on that to follow. The beans can feed a bit more off of the vegoil strength. It is important to …

COMMENTARY: SOY BEANS – The bean market continued lower after yesterdays USDA report. It is my thought that this is the start of a protracted move that could last awhile. Essentially the carry domestically moved from tight to ample in one day. This was something I was looking for. The beans will be influenced now not only by the domestic …

COMMENTARY: SOY The USDA report today was a surprise to the market. I suggested yesterday that there was a chance for a more bearish number. There is no way to predict the USDA numbers. The important thing in my opinion now is that this number has ramifications that could keep domestic numbers trending in a more bearish fashion. The USDA …

COMMENTARY: SOY BEANS – The bean market has remained in a sideways trade of late. The medium term outlook could present a declining board based on a couple factors. First, the harvest could offer some pressure. This is not due to a large domestic increase in carry. Rather a replenishment of stocks that allows for a cushion until the South …