Soybeans

CNS Canada –– Chicago Board of Trade soybeans are expected to face volatility in the week ahead, but also have upside potential, while corn should extend its rally, one U.S. analyst says. Soybeans Soybeans have the opportunity to trade above $11 per bushel in the July contract, depending on the movement of soymeal, said Terry […] Read more

CNS Canada — Soybeans and corn at the Chicago Board of Trade have seen weather-related support from traders in previous sessions, but one U.S. analyst expects prices to move lower with profit-taking. Soybeans — “We’re finally getting some weather stories here,” said John Weyer, director of Walsh Trading’s commercial hedging division. Heavy rainfall and flooding […] Read more

CNS Canada — Corn and soybean futures at the Chicago Board of Trade are both likely to correct lower after sharp gains on the week, according to one U.S. analyst. Corn prices are slightly overdone, and will likely decline in coming sessions, said Terry Reilly of Futures International. Reilly said he expects prices to correct […] Read more

CNS Canada — Soybean and corn futures at the Chicago Board of Trade moved higher during the week ended Wednesday, with soybeans leading to the upside on the back of fund buying. The May soybean contract moved above $9.53 Wednesday, which marks the midpoint between the highs and lows of the past year (all figures […] Read more