Insights and Stories on Soybeans

Jun. 5, 2019 at 6:34 pm CDT

MarketsFarm — Extended durations of wet spring weather continue to buoy prices on the Chicago Board of Trade — and price volatility will remain high based on long-term weather forecasts. “Whenever you’re in a weather problem phase, volatility tends to increase,” explained Terry Reilly, a grains analyst with Futures International. […]

By Marlo Glass – MarketsFarm

May. 29, 2019 at 3:31 pm CDT

MarketsFarm — Soybeans on the Chicago Board of Trade (CBOT) are trying to play catch-up in what has become a weather market, according to Steve Georgy of Allendale Inc. Corn planting in the U.S. was far behind its five-year average due to persistent wet conditions, he said, and that created […]

By Glen Hallick - MarketsFarm

May. 22, 2019 at 6:19 pm CDT

MarketsFarm — The Chicago Board of Trade saw “a wild ride of volatility” on Wednesday, following rumours of a U.S. Department of Agriculture farm aid package that could top US$15 billion. The package would include payments of about $2 per bushel for soybeans and four cents per bushel for corn, […]

By Marlo Glass – MarketsFarm

May. 21, 2019 at 6:23 pm CDT

Washington/Chicago | Reuters — The Trump administration is considering direct payments to U.S. farmers of $2 per bushel for soybeans as part of an aid package to offset the trade war with China, Bloomberg reported on Tuesday, an offer that could encourage more soy planting despite record supplies. China is […]

By Humeyra Pamuk, Tom Polansek

May. 15, 2019 at 4:33 pm CDT

MarketsFarm — A combination of three factors have contributed to the bounce in prices at the Chicago Board of Trade, according to Rich Feltes of R.J. O’Brien in Chicago. “It’s the convergence of the middle of May, which is a critical time and the confirmation that planting is not only […]

By Glen Hallick - MarketsFarm