Insights and Stories on Soybean

U.S. grains: CBOT soybeans decline on prospect of rain in Brazil

Nov. 16, 2023 at 3:26 pm CST

Chicago soybean futures tumbled on Thursday as the prospect of downpours in Brazil helped offset concerns over hot, dry weather threatening crops in the top exporting nation.

U.S. grains: Soy ends down on forecasts for rain in Brazil; corn, wheat dip

Nov. 15, 2023 at 4:14 pm CST

By Brendan O'Brien Reuters

CBOT weekly outlook: All eyes in Chicago soybeans, corn looking south

Nov. 15, 2023 at 3:30 pm CST

By Phil Franz-Warkentin

U.S. grains: Soybeans hit August high, soymeal climbs on strong demand

Nov. 14, 2023 at 4:04 pm CST

By Brendan O'Brien Tom Polansek

U.S. grains: Chicago soy soars on Chinese buying, Brazilian weather

Nov. 13, 2023 at 5:28 pm CST

By Brendan O'Brien

U.S. grains: Chicago corn slumps on forecast for record-large crop

Nov. 10, 2023 at 6:57 pm CST

Chicago | Reuters — Chicago corn futures posted a third straight weekly decline on Friday, as traders reacted to a government forecast that U.S. farmers will produce a record-large crop this year. Wheat was lower, following corn. Commodity funds hold a sizeable net short position in Chicago wheat futures, leaving […]

By Brendan O'Brien

U.S. grains: Chicago grain, soy futures drop after USDA forecasts

Nov. 9, 2023 at 7:27 pm CST

Chicago | Reuters — The Chicago Board of Trade’s most-active corn futures plunged sharply on Thursday after the government reported that U.S. farmers will produce the biggest-ever corn crop this year. The report’s forecast topped trade estimates. The most-active CBOT corn contract at one point dipped to $4.66-1/2, the lowest […]

By Brendan O'Brien

USDA’s WASDE report throws a few curveballs

Nov. 9, 2023 at 3:45 pm CST

MarketsFarm — There were some surprises in the November world agricultural supply and demand estimates (WASDE) from the U.S. Department of Agriculture, released Thursday. USDA defied trade expectations when it came to 2023-24 ending stocks of U.S. corn, soybeans, and all wheat, with those being higher. As well, the department […]

By Glen Hallick - MarketsFarm

CBOT weekly outlook: Small changes expected in November WASDE

Nov. 8, 2023 at 6:36 pm CST

MarketsFarm — There will likely be some minor tweaks to the November supply and demand report from the U.S. Department of Agriculture on Thursday. USDA is set to publish its world agriculture supply and demand estimates (WASDE) at 11 a.m. CT. “I would say the [U.S.] corn production estimates are […]

By Glen Hallick - MarketsFarm

U.S. grains: Soybeans spike on China demand, Brazil weather

Nov. 8, 2023 at 5:56 pm CST

Chicago | Reuters — Chicago soybean prices rallied to a two-month high on Wednesday, after the U.S. Department of Agriculture confirmed a Reuters report that China booked its largest single-day U.S. soybean purchases since at least late July. Unfavourable weather conditions in Brazil were also supportive, traders said. Meanwhile, corn […]

By Brendan O'Brien