Weather, edible oils supply will drive soybean futures

Futures activity Soybean futures rallied last week, driven by weather concerns and impact on yield. Aug-21 soybeans closed Friday at $14.5475 per bushel, up from $14.04 on Monday. Aug-21 soybean meal closed the week at $363.20 per short ton, and Aug-21 soybean oil settled [...]

Groundhog Day signals first blast of arctic air & spike in natural gas prices

The famous prediction this past week called for six more weeks of winter as the most significant snowstorm in nearly five years made its way across the country, dumping several feet of snow in some regions. Multiple fast-moving systems making their way across the [...]

Midwest braces for winter temps in early November

The weekly natural gas inventories set a new-record high on Oct. 25 at just under 3,700 Bcf, registering 17.8 percent above the prior year’s levels. However, the seasonal build may be coming to an abrupt halt in the first week of November as a [...]