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 …
Chart of the Day – May Wheat
Chart of the Day 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, February 19, 2026 If you like this article and would like to receive more information …
Wheat Rallies on Wednesday
SOYBEANS– Soybeans were quiet today after a 9 ¼ gain in the overnight session. Soybeans are being supported by strength in soybean oil, which made new contract highs overnight. The EPA is expected to 2026 biofuel quotas to the White House this week. Yesterday’s export inspections came in at 1.2 mmt at 56.8% of the USDA forecast, compared to the …
Wheat Leads the Grains Lower on Tuesday
SOYBEANS– It was a quiet day for beans today after a quiet session in the overnight. There was some profit taking on Friday, but May was able to close higher today. Friday’s COT showed funds adding to their long position. Funds are long 123k contracts after buying 95k contracts. Today’s export inspections came in at 1.2 mmt at 56.8% of …
WRT World Agricultural Supply and Demand February 16
If you’re ready to start trading, click the link below to open an account with Walsh Trading, Inc. Open An Account Hans SchmitBroker, Pure Hedge Division312-765-7311hschmit@walshtrading.com Walsh Trading, Inc. is registered as a Guaranteed Introducing Broker with the Commodity Futures Trading Commission and an NFA Member. Futures and options trading involves substantial risk and is not suitable for all investors. …
Wheat and Soybeans Trade Lower on Friday
SOYBEANS– There was some profit taking in soybeans today. Soybean oil was also lower today, while meal continues to rally. CONAB estimates Brazil’s production at 177.98 mt. Weekly export sales for beans came in at 281k yesterday, which was below the trade estimate. Crop conditions in South America are deteriorating, with Argentina bad ratings increasing 7% to 32%. March Soybeans …
Wheat and Soybeans Rally on Thursday
SOYBEANS– Soybeans rallied again today, after a 14 ¼ cent gain in the overnight session. Soybean oil also continues to trade higher. Soybean oil was breaking during the day today but ended the day higher. If there’s profit taking in soybean oil that may be when soybeans start to correct as well. Soybean meal has also rallied hard with soybeans …
Wheat Rallies on Wednesday
SOYBEANS– It was a quieter day for soybeans today, but they were able to close positive. CONAB estimates will be released tomorrow. The average estimate is 179.5 mt, compared to the USDA at 180.0 mt. Brazil’s trading at a discount to the US and their harvest is currently ahead of schedule. It would not surprise me to see a move …
February WASDE Report This Morning – Soybeans Trade Higher
SOYBEANS– As expected, today’s WASDE report was quiet, especially compared to last month’s report. No changes were made to the domestic balance sheet. World ending stocks for soybeans were raised from 124.91 mmt to 125.51 mmt. Yesterday there was a flash sale for delivery to China. It was the first sale to China since mid-January. Soybeans have bullish charts on …
Soybeans Move Lower on Monday
SOYBEANS– Soybeans were 5 cents lower in the overnight session and continued lower today. There’s some profit taking happening in beans after the rally last week. Brazil is expected to have a huge crop. Harvest is 16% complete. And the largest growing region, Mato Grasso, is well-ahead of the average harvesting pace at nearly 40% complete. Brazil’s production estimate was …