Soybean market creeping higher

Soybean exports remain on pace, with healthy Chinese purchases totaling 320,038 MT during the week ending Jun. 11, about 60 percent of the purchases made during the week. As of now, the current USDA projection of 1.650 billion bushels looks attainable with the current [...]

Soybeans affected by rise in U.S.-China tension

Soybean futures lost a little ground amid the rise in tension between the U.S. and China. May 22’s settle for the nearby contract was down over 11 cents from the start of the week. In the export market for the week ending May 14, [...]

Soy complex: Different strokes for different products

Soy complex price action lately has been a mixed bag, with each component’s market behaving a bit differently from the others. Soybean futures were relatively tame recently, moving within just a few cents per bushel in trading throughout the week. Conversely, soybean meal: After [...]

WASDE: Drop in use, stocks rise for corn, soybeans

USDA lowered 2019/20 corn use for ethanol by 375 million bushels to 5.050 billion bushels in the April WASDE. This drop was partially offset by feed and residual demand rising to 5.675 billion bushels, up 150 million bushels from March. With use 205 million [...]

Soybean export sales slide lower

Net soybean export sales for the week of Feb. 13 were 494,277 MT, down 23 percent week over week. Reductions were minimal for the second week in a row. China’s soybean purchases fell to just 11,500 MT, and the country’s outstanding sales were only [...]

WASDE: Corn exports lowered, soybean exports raised

USDA made limited yet anticipated changes to the 2019/20 supply and demand forecasts for corn and soybeans. U.S. corn exports were lowered 50 million bushels to 1.725 billion bushels. Despite unfavorable margins of late, ethanol and by-products demand was raised by 50 million bushels [...]

Rise in soybean export sales

Export sales and shipments strengthened during the first full, non-holiday week of 2020. For the week ending Jan. 9, net soybean export sales were 711,462 MT (26.14 million bushels), reflecting 377,300 MT of reductions from unknown destinations. Weekly net sales were about double the [...]

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