It's not too early to think about making sales in 2024, but so far prices show no hurry to head in either direction.
It's not too early to think about making sales in 2024, but so far prices show no hurry to head in either direction.
From the middle of October to the middle of November, January soybeans were on a march higher, rising $1.30 per bushel on concerning weather in Brazil and a pick-up in U.S. export demand. When the forecast for Brazil turned wetter, traders took that as a cue to sell soybeans...
After what appeared to be an overreaction to last week's subtly bearish soybean data on the November WASDE, soybeans have bounced back, gapping higher on Monday on the still bullish Brazilian weather, more U.S. soy sales to China and a soaring soymeal market, which again...
January soybean oil futures have plunged 16 cents just since August and are the short leg of product spreading. The weakness has come despite a still bullish outlook for soybean crush, soybean stocks and increasing capacity for renewable biodiesel. A potential positive sign is...
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