Insights and Stories on Soybeans

Sep. 1, 2021 at 2:43 pm CDT

MarketsFarm — Hurricane Ida has wreaked havoc on the U.S. Gulf Coast, pressuring Chicago Board of Trade soybean and corn futures as exports face disruptions — but the market is reacting more to what’s coming next than what has already happened, an analyst says. “I don’t know what the ramifications, […]

By Adam Peleshaty

Aug. 25, 2021 at 2:14 pm CDT

Reuters — Imperial Oil, one of Canada’s biggest oil producers and refiners, on Wednesday outlined a plan to process vegetable oil into renewable diesel at its 191,000-barrel-per-day Edmonton-area refinery. The project, which still requires final approval, is part of majority-owner Exxon Mobil’s goal of producing more than 40,000 barrels per […]

By Laura Sanicola

Aug. 19, 2021 at 6:14 pm CDT

Reuters — Marathon Petroleum and ADM announced on Thursday a joint venture to produce soybean oil that will be exclusively sold to Marathon for its renewable diesel plant. Refiners are on the hunt for secure access to feedstocks for renewable fuels amid supply constraints and soaring prices for fats, greases […]

By Arunima Kumar, Laura Sanicola

Jul. 21, 2021 at 5:44 pm CDT

MarketsFarm — By the end of July, markets should have a good idea of what will shake out for corn and soybean crops in the U.S., according to Scott Capinegro of Barrington Commodities at Barrington, Ill. Corn and the soy complex on the Chicago Board of Trade (CBOT), as well […]

By Glen Hallick - MarketsFarm

Jul. 7, 2021 at 5:05 pm CDT

MarketsFarm — Soybean and corn futures at the Chicago Board of Trade have seen some wide price moves over the first trading week of July, as a surprisingly bullish acreage report at the end of June was quickly superseded by the weather. “Right now it’s weather; the weather has trumped […]

By Phil Franz-Warkentin