Insights and Stories on WASDE

Nov. 10, 2020 at 6:06 pm CST

Chicago | Reuters — Chicago Board of Trade soybean futures soared to a fresh four-year high on Tuesday and corn topped a one-year high after the U.S. Department of Agriculture said stockpiles this marketing year will fall to their smallest in seven years. The forecasts, issued in a monthly crop […]

By Tom Polansek

Nov. 10, 2020 at 12:37 pm CST

MarketsFarm — Soybean and corn yields in the United States ended up much smaller than early expectations, according to updated supply and demand estimates released Tuesday by the U.S. Department of Agriculture. The resulting drop in production and ending stocks has sent futures rallying to new contract highs, with more […]

By Phil Franz-Warkentin

Nov. 4, 2020 at 7:29 pm CST

Chicago | Reuters — Chicago soybean futures gained on Wednesday, touching a one-week high as recent rains in South America do little to aid drought-stricken crops, making U.S. beans more attractive on the world market, traders said. Wheat fell slightly as U.S. and global supply outlooks remain strong, while corn […]

By Christopher Walljasper

Nov. 4, 2020 at 3:10 pm CST

MarketsFarm — With no final results yet Wednesday in the U.S. presidential election, there has been very little, if any, effect on the Chicago Board of Trade (CBOT), according to Allendale Inc. president Steve Georgy. “For the grain markets there hasn’t been a higher impact yet, but it is rather […]

By Glen Hallick - MarketsFarm

Oct. 9, 2020 at 4:32 pm CDT

Chicago | Reuters — Chicago Board of Trade soybean futures surged to their highest prices since March 2018 after the U.S. Department of Agriculture on Friday said inventories will dwindle to a five-year low. Corn futures advanced to a one-year high, while wheat futures slumped in a setback from a […]

By Tom Polansek