Questions surrounding U.S. soybean production potential for 2023/24 remain
Soybean futures contracts continue to show an enormous amount of volatility. After rallying by nearly $1 per bushel on the last week of June’s surprise [...]
Weather risk premium reenters soy complex
Spot soybean futures rose 30 cents last week. New-crop soybean futures continued to hover near two-year lows. Soybean oil prices rose about 1.5 cents per [...]
Global soybean market dynamics support futures
May-23 soybean futures closed at a high last week while Nov-23 soybean futures closed lower. May-23 soybean oil was down by less than 1 [...]
USDA reports offer support to the soy complex
Soy complex futures rocketed higher last Friday via support from today’s USDA acreage and stocks reports. May-23 soybean futures climbed 31 cents and Nov-23 [...]
Soybean oil at six-month lows
Futures activity Spot soybean oil futures broke 60 cents per pound for the first time since July 2022, closing last Friday at 59.06 cents. [...]
Soy complex pressured by improved weather
Futures activity Spot soybean oil fell to just under 62 cents per pound Friday, hitting six-month lows. S&D and fundamental factors The Rosario Exchange [...]
South American corn & soybean planting begins
At the start of October, early-season corn planting in Brazil was about a third complete, slightly above the five-year average. Brazil’s soybean crop was [...]
Argentina might delay the removal of the soybean export tax
President Mauricio Macri promised during his campaign that he would get rid of all agricultural export taxes. As he took office, he did eliminate [...]