Insights and Stories on CBOT Weekly

Sep. 25, 2024 at 2:44 pm CDT

Optimism over increased Chinese demand along with weather concerns in Brazil gave the Chicago soybean market a boost and triggered some fund short covering over the past week, but the futures will likely face stiff resistance to the upside going forward.

By Phil Franz-Warkentin

Sep. 18, 2024 at 3:33 pm CDT

As price movement in soybeans on the Chicago Board of Trade continued to be a tussle between dry conditions in Brazil versus pressure from the United States harvest, Sean Lusk, vice-president of Walsh Commercial Hedging in Chicago, suggested not to pay much attention to any trade action China might soon take against U.S. soybeans.

By Glen Hallick - MarketsFarm

Sep. 11, 2024 at 2:56 pm CDT

The Chicago Board of Trade (CBOT) will be focusing on the monthly World Agricultural Supply/Demand Estimates (WASDE) from the United States Department of Agriculture (USDA) on Sept. 12.

By Adam Peleshaty

Sep. 4, 2024 at 2:04 pm CDT

Soybean, corn and wheat futures in the United States were all showing modest strength in early September, recovering off their August lows as speculators bought back previously sold positions. “We’re seeing a little bit of short covering in these markets and the contract lows, at least over the short term, […]

By Phil Franz-Warkentin

Aug. 28, 2024 at 3:45 pm CDT

While the general direction for soybeans and corn on the Chicago Board of Trade is to continue moving lower, United States wheat was on the rise and is to remain so in the coming weeks, according to a trader.

By Glen Hallick - MarketsFarm