Soybean export pace stayed strong throughout November

Soybean exports topped 388 million bushels in November, up slightly from the volume shipped in November 2020, although this season’s slow start to trade has left cumulative exports 22 percent behind 2020/21’s pace to date. Over 250 million bushels of soybeans were destined for [...]

Weekly soybean exports skid lower

China is just about out of the U.S. soybean market at this point—exports to China were 82,000 MT last week—and will likely take only minimal shipments through June. U.S. exports tend to pick up during July-August, after Brazil moves most of its volume during [...]

Soy complex shows resilience

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 of favorable weather in South America as demand is moving to the forefront of market-driving factors. Soybean harvest should be [...]

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