Tag Archive

Soybeans– Soybeans were 1 3/4 cents lower in the overnight session and continued lower during today’s session. Soybeans had a disappointing end to the week, closing below 1050. Soybeans traded lower every day this week. China’s Sino Grain reserve auction had little interest, with only 33% of the total 550k sold. In South America, Brazil had solid rains this week, …

Soybeans– Soybeans were lower again today after gaining 3/4 of a cent in the overnight session. Soybeans have been selling off since making a high at 1169 1/2 in mid-November. There were 3 cargoes of US beans sold to China yesterday. China has now booked over half of its 12 mmt commitment. The real is weakening versus the dollar, which …

Soybeans– Soybeans traded lower on the day after trading 1/2 cent lower in the overnight session. Argentina’s plant workers are scheduled to strike on Thursday but that has failed to support soybean meal. China is still behind on their 12 mmt purchase agreement, however they bought 3 cargoes yesterday. Soybeans have support from the 200-day moving average, while resistance is …

Soybeans– After trading 1 3/4 cents higher in the overnight session, soybeans traded lower again. Soybean oil continues to show weakness, now lower 6 of the last 7 sessions. Yesterday, the EPA reported there will be no 2026 RVO confirmation until Q1 ’26. Argentina’s plant workers have scheduled a 1-day strike for Thursday, but it failed to support soybean meal …

Soybeans– Soybeans traded lower on the day after going unchanged in the overnight session. If soybeans drop just a little bit more to 1075 the gap in the chart will fill. Soybeans are trading close to support again. Funds were long 230k contracts in mid-November, so they are likely unwinding that large long position on this break. Brazil had rain …

Soybeans– Soybeans had a major sell-off to end the week. It seems that the market is not confident that the latter part of the marketing year can provide the kind of export sales the market needs. Soybean exports are at their lowest levels since 2019. China has booked roughly 6 mmt of the 12 mmt target thus far. Soybeans are …

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 …