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Soy complex rallies from weather concerns

By |June 20, 2023|Categories: Corn & Soy Complex, Edible Oils|Tags: , , , , , , , |

Spot soybean oil (Jul-23 futures) continued to rally, up nearly 14 cents over the last two weeks. Nov-23 soybean futures are up $1.38 per [...]

WASDE comes in around expectations for 2023/24

By |May 12, 2023|Categories: Corn & Soy Complex, Edible Oils, Sugar, Wheat|Tags: , , , , , , , , , , |

Corn outlook The 2023/24 U.S. corn outlook is for larger production, and subsequently, greater domestic use, greater exports, and higher ending stocks. U.S. corn [...]

Changes for 2021/22 corn ethanol & soybean use in April WASDE

By |April 8, 2022|Categories: Corn & Soy Complex|Tags: , , , , , , , , |

In its April WASDE report, USDA made minimal changes to its existing forecast for corn but did adjust soybean use estimates. USDA did not [...]

Soybean export sales to China higher than average

By |February 2, 2022|Categories: Corn & Soy Complex|Tags: , , , , , |

China purchased over 1.3 MMT of soybeans during Jan. 7-20, including almost 790,000 MT transferred from sales previously assigned to unknown destinations. This volume [...]