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Energy markets, South American weather supporting soy complex futures

By |January 31, 2022|Categories: Corn & Soy Complex, Edible Oils|Tags: , , , , |

Futures activity The Mar-22 soybean meal and oil contracts closed last week at $411.20 per short ton and $0.6527 per pound, respectively. Soybean meal [...]

Corn market: Geopolitics overshadow improving South American weather

By |January 24, 2022|Categories: Corn & Soy Complex|Tags: , , , , |

Futures activity Showing additional strength, Mar-22 corn futures closed last week at $6.16 per bushel, up nearly $0.17 per bushel from last Monday. Dec-22 [...]

Corn market trading on South American weather, awaits USDA reports

By |January 10, 2022|Categories: Corn & Soy Complex, Weather|Tags: , , , , , , , , |

Futures activity Mar-22 corn futures ended last week up 3 percent at $6.06 per bushel, maintaining the recent trend above $6 per bushel. Prices [...]

Pacific La Niña conditions bring atypical weather to Americas

By |December 14, 2021|Categories: Corn & Soy Complex, Weather|Tags: , , , , , , , , |

Intensified upwelling in the equatorial Pacific is bringing unusually cold sea surface temperatures, part of the cold event known as La Niña. Although the [...]

Soybean prices test new highs before falling

By |March 1, 2021|Categories: Corn & Soy Complex|Tags: , , , , , |

Soybean futures prices rallied last week and tested new highs, with values Thursday reaching $14.43 per bushel. However, prices could not hold and subsequently [...]

Soy complex shows resilience

By |February 1, 2021|Categories: Corn & Soy Complex|Tags: , , , , , |

Mar-21 soybeans ended at $13.70 per bushel last week after recovering from the previous week’s speculative selloff. News of additional soybean purchases trumped reports [...]

Corn market corrects on better weather in SA, speculative selling

By |January 25, 2021|Categories: Corn & Soy Complex|Tags: , , , |

Last week brought a market correction to corn futures, culminating with Friday’s significant sell down. Mar-21 corn futures closed the week just above the [...]