Tag Archive

Soybeans– Soybeans closed higher today after some flash sales this morning. The USDA reported flash sales of 264k mt of soybeans to China, in addition 226k mt to unknown and 65k mt. Soybean sales for the week ending November 13 were 695k. The deadline for soybean exports to China continues to change. First the deadline was set as the end …

Soybeans– After yesterday’s WASDE report soybeans continued lower in the overnight session, trading 5 cents lower. Soybeans came back some today, now back above 1100. Soybeans exports to China lagging, with no Chinese buying rumors this week. Argentina’s export tax is set at its lowest level since 2007, showing the country is really trying to incentivize farmer selling. Soybean meal …

Soybeans– The December WASDE came out this morning. It was a quiet report for soybeans on this report. Yield was left unchanged at 53.0 bpa. New crop production was kept unchanged at 4.253 bb. Ending stocks are still estimated at 290 mb, at no change from November. World ending stocks were increased from 122 mmt to 122.4 mmt but that …

Soybeans– Soybeans traded 7 cents lower during the overnight session and continued lower today. Soybeans are now trading below 1100. The December WASDE report will be released tomorrow morning. In November, the USDA estimated ending stocks at 290 mb. The average estimate for endings stocks on tomorrow’s report is 302 mb. The high estimate has ending stocks at 385 mb, …

Soybeans– Soybeans sold off to end the week. There was a flash sale this morning for 462k mt of soybeans to China. Soybean meal traded lower for the 6th day in a row, while soybean oil traded lower on the day. The next WASDEW report is scheduled for next Tuesday. Ending stocks for the December WASDE are estimated at 306 …

Soybeans– Soybeans were higher in the overnight session and continued higher today. China has continued buying US soybeans with 7 cargoes booked for shipment through mid-December. It has also been reported that the deadline for Chinese soybean exports is now February instead of the end of the year. Treasury Secretary Bessent switching the deadline 3 months later than initially announced …

Soybeans– Soybeans were up 2 1/2 cents in the overnight session but reversed during today’s session. China bought more US soybeans yesterday. If soybeans continue to fall China could step up their purchases. China also bought soybeans from Brazil yesterday. China is still working to meet the 12 mmt target by the end of the year. Brazil’s planting pace is …