Insights and Stories on Soybean

Jul. 11, 2023 at 6:19 pm CDT

Chicago | Reuters — U.S. soybean futures rose for a second straight session on Tuesday as traders braced for a monthly U.S. government crop report due on Wednesday that is expected to project a smaller crop and tighter supplies, analysts said. Wheat futures rose as a drone strike on Ukraine’s […]

By Julie Ingwersen

Jul. 10, 2023 at 7:33 pm CDT

Chicago | Reuters — U.S. soybean futures rose about two per cent on Monday, bouncing off of a one-week low set Friday as traders positioned ahead of monthly crop reports due at midweek from the U.S. Department of Agriculture that are expected to project tighter U.S. supplies of the oilseed, […]

By Julie Ingwersen

Jul. 10, 2023 at 3:48 pm CDT

MarketsFarm — The speculative short position in ICE Futures canola fell to its smallest level in six months at the beginning of July, as fund traders covered short positions and put on some new longs. That’s according to the latest Commitments of Traders report from the U.S. Commodity Futures Trading […]

By Phil Franz-Warkentin

Jul. 7, 2023 at 3:03 pm CDT

Chicago | Reuters — U.S. corn and soybean futures fell on Friday as recent welcome rains across the Midwest farm belt, and forecasts for more next week, aided crops that had been suffering under an early season drought. Soybeans, which notched a four-month high on Monday, ended down 1.9 per […]

By Karl Plume

Jul. 7, 2023 at 2:43 pm CDT

New acreage estimates for this year are now out from both Statistics Canada and the U.S. Department of Agriculture, surprising Chicago corn and soybean traders, less so for Canadian canola and wheat market observers. Glacier FarmMedia’s Gord Gilmour and MarketsFarm weather and crops specialist Bruce Burnett discuss those estimates — […]