Results from the United States election pulled down soybean prices at the Chicago Board of Trade during the week ended Nov. 13, 2024.
Corn
CBOT Weekly: U.S. election drags down soybeans
U.S. grains: Soybeans plunge with Trump EPA pick; wheat and corn also fall
Chicago soybean futures took a sharp dive on Tuesday as traders worried that President-elect Donald Trump's nominee for the head of the U.S. Environmental Protection Agency would take a less than friendly view of the biofuel industry, analysts said.
U.S. grains: Soybean, corn futures rise after USDA lowers US harvest outlook
U.S. soybean futures reached a one-month peak on Friday and corn futures touched more than a four-month high after the U.S. Department of Agriculture lowered its U.S. harvest outlooks for both crops more than expected, traders said.
DJ Wassenaar and Matt Bergman
Outstanding Young Farmers: How they put diversity in their rotations, cropping systems, equipment use — and growing regions
Watching for and developing diversification opportunities is certainly an important part of how partners DJ Wassenaar and Matt Bergman built their farm businesses in Ontario. Growing up on their respective farms in southwestern Ontario, they both started farm businesses at an early age. DJ grew up on a beef operation and started a custom farming […] Read more
USDA lowers U.S. soybean/corn yield estimates
There were a few tweaks to the latest monthly report from the United States Department of Agriculture released on Nov. 8. The World Agricultural Supply and Demand Estimates not only lowered yields for U.S. corn and soybeans, the department reduced the ending stocks for both.
U.S. grains: Soybeans climb near one-month high as vegoils shoot higher
Chicago Board of Trade soybean futures jumped to their highest level in about a month on Thursday on spillover strength from rallying vegetable oil markets, traders said.
Feed Grain Weekly: Barley preferred over corn at feedlots
Barley seems to be the preferred grain over corn at feedlots in the Lethbridge, Alta.-area during the week ended Nov. 7, 2024.
U.S. grains: Soy recovers after hitting one-week low on Trump victory
Chicago Board of Trade soybean futures recovered on Wednesday after sliding earlier to a one-week low as Donald Trump's victory in the U.S. presidential election fueled concerns over prospects of another trade war with top-importer China.
CBOT weekly outlook: Trio of events loom over U.S. soybeans, corn
The trade's initial reaction to the re-election of former United States President Donald Trump was bearish for soybeans and corn on the Chicago Board of Trade on Nov. 6. Meanwhile, the U.S. Federal Reserve's interest rate announcement on Nov. 7 and the U.S. Department of Agriculture's supply and demand report on Nov. 8 are likely to have a bullish effect on those commodities, said Allendale Inc. president Steve Georgy.
U.S. grains: Soybeans, corn creep higher as traders await US election results
Chicago Board of Trade soybean and corn futures edged higher on Tuesday as traders adjusted positions and moved to the sidelines while awaiting results from the U.S. presidential election.