Chicago soybean futures dropped on Wednesday as the U.S. Department of Agriculture's data showed rapid planting progress, and demand was slow, according to analysts.
Soybeans
U.S. grains: CBOT soybeans, corn fall on quick planting pace
CBOT weekly: Weather in focus for soybeans, corn and wheat
Weather conditions will be a major factor moving grain and oilseed markets in the United States over the next few months, as seeding operations wrap up and attention turns to the developing crops.
Manitoba Crop Report: Dry conditions speed up planting
Dry conditions allowed Manitoba farmers to accelerate seeding to 85 per cent completion during the week ended May 25, 2025.
U.S. grains: Wheat falls on rain in growing regions
Chicago wheat fell for a third straight session on Tuesday, as rain in growing areas of the U.S. Plains improved moisture for the crop, reinforcing expectations of a well-supplied market, according to analysts.
EU urges respect not threats as Trump pushes for 50 per cent tariff
The European Commission urged the U.S. on Friday to bring respect, not threats, to trade talks after President Donald Trump pushed for a 50 per cent tariff on EU goods.
U.S. grains: Corn and soy fall on Trump recommendations for EU tariffs
Chicago corn and soy futures eased on Friday ahead of a long weekend in the U.S., after President Donald Trump posted on social media that he recommended a 50 per cent tariff on goods from the European Union.
U.S. grains: Chicago wheat futures dip as short-covering rally fades
Chicago wheat futures fell on Thursday as a short-covering rally earlier this week that took prices to a one-month peak petered out, with traders seeing limited threats to Northern Hemisphere crops despite adverse weather concerns.
Manitoba seeding 12 points ahead of pace
Most spring wheat in the ground
Manitoba farmers pushed their spring planting to 57 per cent complete as of May 21, up 24 points from a week ago, the province's agriculture department reported.
CBOT Weekly: Coming weeks to see stronger soybean, corn prices
Expected to rise mid-May to mid-June
Futures for soybeans and corn on the Chicago Board of Trade are set to rise for two reasons, said Steve Georgy, president of Allendale Inc. in McHenry, Illinois — the planting progress being made by United States farmers and "seasonality"
U.S. grains: Chicago wheat futures prices surge amid weaker dollar, short-covering
Chicago wheat futures extended gains on Wednesday, at one point rising to a one-month high, amid support by a weaker dollar and short-covering encouraged by production concerns, market analysts said.
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