Tag Archive

Soybeans– Soybeans sold off to end the week. There was a flash sale this morning for 462k mt of soybeans to China. Soybean meal traded lower for the 6th day in a row, while soybean oil traded lower on the day. The next WASDEW report is scheduled for next Tuesday. Ending stocks for the December WASDE are estimated at 306 …

Soybeans– Soybeans were higher in the overnight session and continued higher today. China has continued buying US soybeans with 7 cargoes booked for shipment through mid-December. It has also been reported that the deadline for Chinese soybean exports is now February instead of the end of the year. Treasury Secretary Bessent switching the deadline 3 months later than initially announced …

Soybeans– Soybeans were up 2 1/2 cents in the overnight session but reversed during today’s session. China bought more US soybeans yesterday. If soybeans continue to fall China could step up their purchases. China also bought soybeans from Brazil yesterday. China is still working to meet the 12 mmt target by the end of the year. Brazil’s planting pace is …

Soybeans– After several sessions in a row with a tighter trading range, soybeans closed higher heading into Thanksgiving. Yesterday it was reported that China bought 10-15 cargoes of US soybeans. Soybean meal continues to hold support. I’m starting to think soybean meal could be getting ready for another move higher. I still like being long soybean oil in the deferred …

Soybeans– Soybeans were up 1 1/2 cents in the overnight session and up slightly today. President Trump spoke to China’s Xi yesterday over the phone. The call was said to be positive, with both sides looking to expand their cooperation. Trump is expected to visit China in April. Ag Secretary Rollins said yesterday that a deal with China will happen …

Soybeans– Soybeans were lower today, after trading 2 cents lower in the overnight session. Brazil’s soybean planting is estimate at 81% complete, slower than the average pace. Argentina crop stress is building, especially in the north, with a spell of drier weather lately. China has increased it soybean purchase pace some after the initial purchases after the APEC Summit, however …