Soybeans– Soybeans had a small move lower today just like corn. China’s government approved a new GMO variety of soybeans to enhance their production. Domestic production is a small part of their typical supply but it emphasizes China’s focus on a supply chain they control. China has also made significant investments in South America, particularly Brazil, to boost their Ag …
5 Minutes on the Markets – 09/09/25
I post these videos every trading day, shortly after 8 AM CT. Check back here tomorrow for another update! Cattle futures started the week mostly firmer. The October Live Cattle contract was the only one to finish mildly in the red. Technical indicators have been losing strength, but the trend is still up and fundamentally bullish. Having said that, both …
Wheat and Soybeans Bounce on Monday
Soybeans– Soybeans traded higher to start the week, after seeing a small gain in the overnight. S&P Global estimates soybean yield at 53.8 bpa, compared to the USDA at 53.6 bpa. China imported a record number of soybeans in August at 12.279 mt. The northwest Plains and central Kansas are expected to see rains this week, while the central and …
5 Minutes on the Markets – 09/08/25
I post these videos every trading day, shortly after 8 AM CT. Check back here tomorrow for another update! Live Cattle and Feeder Cattle markets had a down week, breaking 10 and 6 week “winning” streaks, respectively. Fundamentally, conditions are still bullish, but the technical is Cattle futures are weakening. Lean Hogs posted a new contract high close on Friday …
5 Minutes on the Markets – 09/05/25
I post these videos every trading day, shortly after 8 AM CT. Check back here tomorrow for another update! Live and Feeder Cattle posted lower lows and lower highs on Thursday. The overall trends are still bullish, fundamentally and technically, I think, but they seem like they’re running out of momentum to the upside. Feeders are very close to generating …
Soybeans Bounce off the 200-day Moving Average
Soybeans– Soybeans were slightly higher today after falling lower the previous two trading days. Rabobank now estimates Brazil’s new crop soybeans at 175 mt after increasing the planted area estimated by 1.5%. IMEA agrees with the higher planted area estimate, with higher expectations for Mato Grasso plantings. 16% of US soybean areas are under drought, compared to 19% a year …
5 Minutes on the Markets – 09/04/25
I post these videos every trading day, shortly after 8 AM CT. Check back here tomorrow for another update! Every physical commodity market, except for Corn, RBOB (barely, for those two) and Natural Gas, are lower on my screen this morning. Livestock trade was weaker on Wednesday, with Live Cattle, Feeder Cattle and Lean Hogs all closing lower. Hogs may …
The Sell Off Continues in Soybeans
Soybeans– The tariff situation is attracting more attention with the Supreme Court now expected to rule on Trump’s tariffs in October. If the Supreme Court rules against Trump, countries could ask for tariff refunds. Dryness in the eastern belt and parts of the South weighed negatively on soybean ratings, with condition declines seen in Illinois, Kentucky, and Tennessee. The Midwest …
5 Minutes on the Markets – 09/03/25
I post these videos every trading day, shortly after 8 AM CT. Check back here tomorrow for another update! Live Cattle and Feeder Cattle markets closed slightly lower on Tuesday. The trend is still up, cash trade remains strong and at high levels, but the futures seem to be losing some bullish momentum. 2 months without a meaningful retracement has …
Tariff News Send Soybeans Lower on the First Trading Day in September
Soybeans– Soybeans saw big move lower today because a federal appeals court ruled that most of Trump’s tariffs are illegal. Trump said that he would appeal this decision. The uncertainty surrounding tariffs will be something to watch going forward. Tariffs can stay in place until October 14, after that the federal court decision kicks in. There has been no update …