Insights and Stories on Soybean Prices

Nov. 8, 2024 at 2:19 pm CST

There were a few tweaks to the latest monthly report from the United States Department of Agriculture released on Nov. 8. The World Agricultural Supply and Demand Estimates not only lowered yields for U.S. corn and soybeans, the department reduced the ending stocks for both.

By Glen Hallick - MarketsFarm

Nov. 6, 2024 at 2:50 pm CST

The trade's initial reaction to the re-election of former United States President Donald Trump was bearish for soybeans and corn on the Chicago Board of Trade on Nov. 6. Meanwhile, the U.S. Federal Reserve's interest rate announcement on Nov. 7 and the U.S. Department of Agriculture's supply and demand report on Nov. 8 are likely to have a bullish effect on those commodities, said Allendale Inc. president Steve Georgy.

By Glen Hallick - MarketsFarm

Oct. 23, 2024 at 4:13 pm CDT

Corn and soybean prices rose at the Chicago Board of Trade during the week ended Oct. 23, 2024. However, wheat prices went lower during the same week.

By Adam Peleshaty

Oct. 23, 2024 at 4:00 pm CDT

Buyers for China and others scooping up as much canola as they can, fueling hike in Intercontinetal Exchange canola futures.

By Glen Hallick - MarketsFarm

Oct. 2, 2024 at 4:12 pm CDT

The USDA Quarterly Grain Stocks report as of Sept. 1 caused prices at the Chicago Board of Trade (CBOT) to rise during the week ended Oct. 2, 2024.

By Adam Peleshaty