Insights and Stories on Soybeans

Feb. 9, 2022 at 5:09 pm CST

MarketsFarm — Updated supply/demand estimates from the U.S. Department of Agriculture on Wednesday included only minor revisions, with the lacklustre report doing little to move the market. While South American production numbers were revised lower, further downward revisions are likely in subsequent reports, according to a market analyst. “We were […]

By Phil Franz-Warkentin

Feb. 2, 2022 at 7:20 pm CST

MarketsFarm — ICE Futures canola contracts moved higher during the week ended Wednesday, but lagged the Chicago Board of Trade soy complex to the upside as the spreads between the two markets saw some readjustment. “If you had bought 100 tonnes of March canola on Dec. 21 you’d be up […]

By Phil Franz-Warkentin

Dec. 23, 2021 at 1:17 pm CST

Reuters — U.S. grain handler CGB Enterprises and farmer co-operative Minnesota Soybean Processors are building a soy processing plant in North Dakota, the second new crushing facility announced in the state this year. The plant — which will be built near Casselton, about 25 km west of Fargo — is […]

By Karl Plume

Nov. 17, 2021 at 3:12 pm CST

MarketsFarm — While Chicago wheat is hitting new contract highs, soybeans are the standout commodity on the Chicago Board of Trade (CBOT), according to one trader. Over the weekend, there were rumblings that China had purchased five cargoes worth of soybeans earlier in the week. Three nights later, that number […]

By Adam Peleshaty

Nov. 3, 2021 at 5:08 pm CDT

MarketsFarm – With United States soybean and corn harvests nearing completion, anecdotal reports point to better-than-expected yields for both crops that could weigh on futures prices at the Chicago Board of Trade. “It’s amazing that here in the U.S. we have a good corn and soybean crop, considering how dry […]

By Phil Franz-Warkentin