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Tag Archives soybean


CBOT July 2023 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Weak export demand, rising U.S. dollar pressure soy, corn

Markets consolidate before U.S. holiday weekend

By Tom Polansek May 25, 2023
Chicago | Reuters — Chicago Board of Trade soybean and grain futures eased on Thursday as a strong U.S. dollar added to concerns about lacklustre export demand, traders said. The […] Read more

CBOT July 2023 soybeans with Bollinger (20,2) bands. (Barchart)
Crops, Markets

CBOT weekly outlook: Chicago soy, corn find chart support

Pre-Memorial Day positioning expected

By Phil Franz-Warkentin May 25, 2023
MarketsFarm — Soybean and corn futures at the Chicago Board of Trade were testing lows in mid-May but appeared to have found some support for the time being. “We’re getting […] Read more

CBOT July 2023 corn with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Corn, soy futures rally

Wheat up off lowest level since March 2021

By Mark Weinraub May 22, 2023
Chicago | Reuters — U.S. soybean and corn futures rallied on Monday and wheat futures firmed as a round of bargain buying supported commodities prices after a bearish global supply […] Read more

CBOT July 2023 soybeans with Bollinger bands (20,2). (Barchart)
Crops, Markets

U.S. grains: Chicago futures roil as U.S. debt ceiling talks halt

Wheat turns down, after technical bounce early in session

By P.J. Huffstutter May 19, 2023
Chicago | Reuters — Chicago Board of Trade (CBOT) soybean futures slid sharply on technical trading on Friday, as investors rushed to liquidate their positions ahead of the weekend, traders […] Read more

One Canada Square (tower at centre) houses the London head office of the International Grains Council. (Iliffd/iStock/Getty Images)
Crops, Markets

IGC boosts estimates for global corn, soy production

World wheat output expected down on year

By MarketsFarm May 19, 2023
MarketsFarm — The International Grains Council (IGC) on Thursday bumped up its forecast for total global grain production for 2023-24 to a record 2.294 billion tonnes, raising outputs for corn […] Read more


ICE July 2023 canola with 20-day moving average and November 2023 canola (yellow line). (Barchart)
Crops, Markets

ICE weekly outlook: Unclear where canola wants to go

Soy complex's trend much more apparent

By Adam Peleshaty May 17, 2023
MarketsFarm — While the ICE Futures canola market declined during the week ended Wednesday, the oilseed has been affected by a mixture of supports and pressures, according to commodities futures […] Read more

CBOT July 2023 soft red winter wheat with 20-day moving average, MGEX July 2023 hard red spring wheat (yellow line) and K.C. July 2023 hard red winter wheat (orange line). (Barchart)
Crops, Markets

U.S. grains: Wheat rises four per cent on U.S. crop outlook

Chicago corn, soy futures climb

By Julie Ingwersen May 16, 2023
Chicago | Reuters — U.S. wheat futures rose about four per cent on Monday, supported by a lower-than-expected official forecast of U.S. supply next season and doubts over the renewal […] Read more

The USDA building in Washington, D.C. (Art Wager/iStock/Getty Images)
Crops, Markets

Record U.S. corn, soybean crops for 2023-24, USDA says

U.S., worldwide wheat ending stocks expected down on year

By Adam Peleshaty May 12, 2023
MarketsFarm — The United States may be in the midst of growing record-breaking corn and soybean crops if the U.S. Department of Agriculture (USDA) is correct. USDA on Friday released […] Read more


CBOT July 2023 soybeans with 20-, 50- and 100-day moving averages. (Barchart)
Crops, Markets

U.S. grains: Bargain buying pulls soy up off lows

CBOT wheat, corn weak

By Mark Weinraub May 11, 2023
Chicago | Reuters — Chicago Board of Trade soybean futures rose on Thursday, snapping a three-session losing streak as a wave of bargain buying hit the market after prices sank […] Read more

(Qingwa/iStock/Getty Images)
Crops, Markets

CBOT weekly outlook: Traders, analysts anticipate WASDE report

El Nino also worth watching longer-term

By Adam Peleshaty May 11, 2023
MarketsFarm — While traders and analysts continue to keep an eye on weather conditions, their collective focus will momentarily shift on Friday when the U.S. Department of Agriculture (USDA) releases […] Read more

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