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SOYBEANS– Soybeans rallied hard to end the week along with wheat. The war in Iran has been supportive for the grains, in addition to lackluster rainfall in Argentina. Given the recent strength, I feel soybeans can rally another 20-30 cents. The plantings report will give further insight into acreage numbers at the end of the month. 4-5m acres are expected …

SOYBEANS– Soybeans were up 4 cents in the overnight session and were higher again today. Soybean oil keeps ripping higher. CONAB estimates Brazil’s harvest is 42% complete versus the 5-year average at 38%. Export sales came with the estimated range this morning. Exports were 383k for the current marketing year. Exports are at 84.1% of the USDA forecast compared to …

SOYBEANS– Soybeans were up 1 ½ cents in the overnight session but traded lower today. Soybean oil continues to trade higher, which is supporting soybeans. I think that when soybean oil starts to slow down it will bring soybeans down as well. StoneX estimates funds sold 12k soybean contracts yesterday. Friday’s COT showed funds very bullish soybeans, with a long …

SOYBEANS– Soybeans were up 16 ¼ cents in the overnight session and continued higher during today’s session. Soybean oil is also grinding higher. The plantings report is scheduled for the end of the month, while the March WASDE is scheduled for next Tuesday. Soybeans will likely have some volatility going forward because of these reports. For now, soybeans continue to …

SOYBEANS– Soybeans started to break in the overnight session, falling 5 ¾ cents. Soybeans continued lower during today’s session. Soybean oil rallied hard again today. Soybean oil can reach 66-68 cents, or even 80 cents depending on conditions. Now may be the time to long August soybeans against August meal, which is a synthetically long soybean oil trade. Buying the …

SOYBEANS– Soybeans started the day lower before reversing higher for the third day in a row. Soybeans seem to be seeing increased buying interest from managed money as are the other grains. There’s some concern that the April meeting between Trump and Xi won’t happen, but soybeans have still show impressive strength. Soybean oil has acted similarly recently, trading lower …

SOYBEANS– Soybeans were down as much as 17 cents today but rallied back closing just a couple cents lower. Meal closed lower today, however the uptrend is still intact, while soybean oil made another big move higher today. There’s a double top pattern on soybeans and two USDA reports coming in March. Soybean acres will be higher because of the …

SOYBEANS– Soybeans started the day lower but reversed and closed higher on the day. Soybean oil also traded red to green today. The entire soybean complex is showing strength, with soybean meal rallying as well. Crush margins are increasing, while crush rates are slowing in South America. Indonesia has significantly increased their intended meal purchases from 216k mt in 2025 …