Insights and Stories on Soybeans

Aug. 15, 2019 at 7:39 pm CDT

Chicago | Reuters — U.S. corn futures steadied near a three-month low on Thursday as traders said the market was oversold following sharp declines stemming from a bearish U.S. Agriculture Department harvest forecast issued on Monday. Soybean futures traded higher overnight but turned lower after a weak export sales report. […]

By Mark Weinraub

Aug. 14, 2019 at 4:04 pm CDT

MarketsFarm — For Steve Georgy, the events of this week have left him somewhat gobsmacked. The president of Allendale Inc. at McHenry, Ill. said he didn’t completely buy the numbers in the August supply and demand report issued Monday by the U.S. Department of Agriculture (USDA). And Georgy has been […]

By Glen Hallick - MarketsFarm

Aug. 14, 2019 at 3:21 pm CDT

Chicago | Reuters — U.S. corn futures fell 1.5 per cent on Wednesday, with investors shedding risky assets as concerns about the global economy spilled over into the grain markets. Forecasts for some rain in key growing areas of the U.S. Midwest in the coming weeks added to the pressure […]

By Mark Weinraub

Aug. 13, 2019 at 3:48 pm CDT

Chicago | Reuters — Chicago Board of Trade corn futures sank for the second day in row on Tuesday, dropping 4.1 per cent to a three-month low as the U.S. Agriculture Department’s unexpected boost to its U.S. production forecast continued to weigh heavily on the market, traders said. Soybean futures […]

By Mark Weinraub

Aug. 12, 2019 at 4:52 pm CDT

Chicago | Reuters — Chicago corn futures fell nearly six per cent on Monday, their biggest drop in more than three years, after the U.S. Department of Agriculture forecast a bigger-than-expected harvest. USDA forecast the 2019-20 corn crop at 13.901 billion bushels, above the 13.875 billion bushels expected in July. […]

By Barbara Smith