SOYBEANS– Soybeans were slightly higher today, after a 5 1/4 cent gain in the overnight session. The first WASDE report of the year is scheduled for Monday. Pre-report estimates show analysts expecting an increase in ending stocks to 294 mb, from 290 mb in December. Yesterday’s weekly export sales report showed 877k mt in soybean purchases, for the week ending …
Chart of the Day – March Soybeans
Is the recent downtrend in Soybeans over or just pausing? The information and opinions expressed below are based on my analysis of price behavior and chart activity Sign Up to receive Walsh Trading’s 1st Half of 2026 Market Outlook First Half of 2026 Outlook for the Livestock and Grain markets. Thursday, January 8, 2026 If you like this article and …
Soybeans Pullback on Thursday
Soybeans– Soybeans moved lower today following the rally yesterday. It seems likely that China will come through on their 12 mmt export commitment now, after making some larger purchases this week. China has committed to buying 25 mmt for 2026. Today’s weekly export sales report showed 877k mt in soybean purchases, for the week ending January 1st. The top buyer …
Soybeans Rally on Wednesday
Soybeans– Soybeans were up 9 cents in the overnight session and continued to rally during today’s session. Brazil’s weather outlook has improved over the past month, but southern Argentina is still dealing with dryness. The market may be adding in some weather premium. There was a flash sale of 336k mt of beans to China yesterday. Today, China bought another …
Corn Was Higher at Mid-day but Closed Lower
Soybeans– Soybeans were lower on the day, after trading 3/4 cents higher in the overnight session. China bought 10-14 cargoes yesterday for March, May, and April delivery. China’s purchases are now estimated at 10 mmt of the 12 mmt target set for February. It now seems more likely that China could meet the export target, however upside is likely already …
The Grains Rally to Start the First Full Week of 2026
Soybeans– Soybeans came back today rallying more than 15 cents, after breaking hard since mid-November. Soybeans are now above the previous resistance at 1050 and 1060. Soybeans may struggle to rally further from here because of favorable weather in Brazil. The next resistance is 1080 for March soybeans. China still has a long way to go on reaching the 12 …
Corn Trades Lower to Start 2026
Soybeans– Soybeans sold off hard to end the year and were lower again today. China has purchased 8 mmt thus far of the 12 mmt target set for February. Exports came in below the average estimate at 987k, for the week ending December 18. Top buyers on the export report were China, Turkey, and Spain. Soybeans closed below 1050 today. …
Soybeans Continue to Break to Start the Week
Soybeans– Soybeans were 4 1/4 cents lower in the overnight and down again today. Recent weakness in soybeans is likely because of improving weather conditions in Brazil, in addition to China’s suspension of their reserve auctions. Fund activity is also likely slowing because of year-end reporting purposes. Argentina is dealing with dryness in the south, but the market does not …
WRT World Agricultural Supply and Demand December 28
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Soybeans Close Lower on Tuesday
Soybeans– Soybeans closed lower today after gaining 2 3/4 cents in the overnight session. Russia bombed a Ukrainian sunflower oil extraction plant on Saturday, which is apart of their strategy to weaken Ukraine economically. Russia is also aiming to get a higher price for its oil and grain through these types of attacks. More strikes like this could be supportive …
