Insights and Stories on Soybean

StatCan expects more wheat, canola acres in 2023

Apr. 26, 2023 at 11:26 am CDT

MarketsFarm — Canadian farmers intend to plant more wheat and canola in 2023, with soybeans, corn and barley area also forecast to expand, according to Statistics Canada’s projections for field crop area. The increases in those crops will come at the expense of oats, lentils and peas, with intended summerfallow […]

U.S. grains: Chicago grains flat or down with weather, Black Sea in focus

Apr. 25, 2023 at 3:37 pm CDT

By Cassandra Garrison

U.S. grains: Corn hits eight-month low

Apr. 24, 2023 at 6:27 pm CDT

By Mark Weinraub

U.S. grains: Cheap Brazilian soybeans destined for U.S.

Apr. 21, 2023 at 8:21 pm CDT

By Cassandra Garrison

U.S. grains: Chicago grains down on export data, weather

Apr. 20, 2023 at 6:24 pm CDT

By Cassandra Garrison

U.S. grains: Chicago futures dip as Ukraine inspections resume

Apr. 19, 2023 at 4:55 pm CDT

Mexico City | Reuters — Chicago grains and soy futures closed lower on Wednesday after inspections of ships carrying Ukrainian grain from the Black Sea resumed, and crude oil’s dip pressured prices down. A Ukrainian official said that “ship inspections are being resumed, despite the RF’s (Russian Federation’s) attempts to […]

By Cassandra Garrison

CBOT weekly outlook: Weather, demand affect grain prices

Apr. 19, 2023 at 4:05 pm CDT

MarketsFarm — Severe weather in the U.S. as well as macroeconomic factors at home and abroad affected grain prices on the Chicago Board of Trade (CBOT) for the week ended Wednesday. Jack Scoville of Price Futures Group in Chicago said wet and cool weather across the U.S. Plains, Midwest and […]

By Adam Peleshaty

U.S. grains: Chicago grains flat or higher on Ukraine concerns

Apr. 18, 2023 at 4:59 pm CDT

Mexico City | Reuters — Chicago grain and soy futures closed nearly flat or higher on Tuesday as traders assessed the impact of several countries banning Ukrainian grain, and the future of a Black Sea grains deal remained in doubt. Markets were also eying expected rains in the U.S. that […]

By Cassandra Garrison

U.S. grains: Chicago soybeans up on major U.S. crush

Apr. 17, 2023 at 6:03 pm CDT

Mexico City | Reuters — Soybean futures gained following strong U.S. crushing data on Monday, while wheat and corn also closed higher after several eastern European countries banned grain and other food imports from Ukraine, casting further doubt on Ukrainian exports. Members of the National Oilseed Processors Association (NOPA) said […]

By Cassandra Garrison

Drought curtails Argentina’s latest ‘soy dollar’ scheme

Apr. 14, 2023 at 7:51 pm CDT

Buenos Aires | Reuters — Farmers participating in Argentina’s “soy dollar” plan to boost exports have traded less than half of the soybeans they had traded at the same point during the previous plan, due to the impact of a drought, the Rosario grains exchange said on Friday. The Argentina […]

By Reuters