USDA shows caution in November U.S. grain adjustments
Today’s WASDE report delivered a few modest changes to the U.S. balance sheets for wheat, corn, and soybeans, leaving ending stocks a bit higher [...]
April soybean oil stocks a bit lower than expected
NOPA soybean crush and oil stocks figures for April came in below expectations. Ahead of the processor report, crush was anticipated to be around [...]
Changes for 2021/22 corn ethanol & soybean use in April WASDE
In its April WASDE report, USDA made minimal changes to its existing forecast for corn but did adjust soybean use estimates. USDA did not [...]
Geopolitics, smaller Brazilian crop drive soy complex
Futures activity Nearing expiration, the Mar-22 soybean futures contract closed last week slightly higher than it began, at $16.9075 per bushel. Futures did manage [...]
Bullish WASDE & CONAB reports for soy complex
Futures activity Mar-22 soybean futures saw a volatile week of trading, with prices making fresh highs of $16.33 per bushel last Thursday morning before [...]
South American weather dominates soybean market
Futures activity Jan-22 soybean futures exited the board at $13.5675 per bushel. For Mar-22, futures ended last week lower at $13.6975, down by nearly [...]
WASDE: Higher corn & soybean ending stocks
In the January WASDE, USDA increased its 2021/22 U.S. corn production estimated to 15.115 billion bushels, up 53 million bushels from the December estimate. [...]
WASDE, EPA biofuel news drive soybean market
Futures activity Last week’s trading activity was a mixed bag for the soy complex. Jan-22 soybean futures ended the week at $12.6775 per bushel, [...]