Soy complex prices reverse course
Soybean oil prices trickled lower in the first half of the week of Oct. 9, with the H1 2024 strip touching around 51.75 cents [...]
Will soybean market downside be limited?
Nov-23 soybean settled Oct. 6 at $12.6600 per bushel, below previous support in the low $12.70s that the contract saw since the end of [...]
Soybean oil drops to three-month lows
Soybean oil futures hit three-month-lows with the Oct-23 futures contract back under 60 cents per pound and trading at 57.85 cents as of mid-day [...]
Soybean crop feeling the heat
Soybean futures ended a modest two-week rally with the Nov-23 contract hitting $14.05 per bushel on Aug. 28, before trailing back lower to $13.6875 [...]
NOPA shows tighter soybean oil stocks
The spot soybean contract, Aug-23, climbed by almost $0.20 per bushel the week of Jul. 17 to close at $15.01 per bushel. Nov-23 closed [...]
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 [...]
Soy complex rallies from weather concerns
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 [...]
Soy complex selloff ends
Futures activity Jan-23 soybean oil futures dipped to $60 cents per pound early last week after two weeks of declines. Prices eventually rallied by [...]