Insights and Stories of Tom Polansek

Nov. 15, 2012 at 5:34 pm CST

U.S. grain futures weakened on Thursday, as expectations for an increase in global supply and concerns about the economy halted a two-day advance in soybeans. Soybeans had closed higher for the previous two days in a modest rebound from a drop to 4-1/2-month lows intraday on Tuesday. Expanding supply forecasts […]

By Tom Polansek

Nov. 14, 2012 at 5:46 pm CST

U.S. soybean futures rose for a second day on Wednesday on export business that included China buying 120,000 tonnes and on a larger-than-expected October crush, a turnaround from sharp losses earlier in the week. Export demand has increased as soybean prices have moved lower since early November. They were knocked […]

By Tom Polansek

Nov. 13, 2012 at 4:46 pm CST

U.S. soybean futures rebounded from a four-and-a-half-month low on Tuesday, as bargain buying snapped a four-session slide that nearly erased gains from this summer’s crippling drought. Before recovering, soybeans during the trading session had lost more than six per cent since the U.S. Department of Agriculture on Friday raised its […]

By Tom Polansek

Nov. 13, 2012 at 2:29 am CST

Grain futures tumbled in a wave of technical selling on Monday, with soybeans sinking to a four-and-a-half-month low that nearly erased gains from this summer’s devastating drought. Prices were already under pressure after the U.S. Department of Agriculture on Friday raised its estimate of U.S. soybean production more than expected […]

By Tom Polansek

Oct. 10, 2012 at 9:06 pm CDT

Grain futures will extend their setback from record highs this summer as concerns ease about the worst U.S. drought in more than half a century, according to speakers at an annual commodities conference. Corn futures at the Chicago Board of Trade (CBOT) have already pulled back 13 per cent from […]

By Tom Polansek