Chicago soybean futures fell on Wednesday, shedding gains from the previous session, amid growing market concerns about export demand and improving weather for Brazil's oilseed crop.
Tag Archives USDA
U.S. grains: Soybeans fall on demand concerns, Brazilian crop outlook
Corn, wheat futures were steady to up
ICE canola weekly outlook: Possible support uncovered
Chicago soyoil has shown some stability, underpinning canola
The ICE Futures canola market hit fresh contract lows to start 2024 but may have finally uncovered some support.
CBOT weekly outlook: Big surprises unlikely in S/D report
Watch out for which side of two billion bushels U.S. corn carryout lands, analyst says
Ahead of the monthly report from the United States Department of Agriculture on Jan. 12, Allendale Inc. president Steve Georgy said he’s not expecting any major surprises for U.S. corn, soybeans or wheat at this point in the 2023/24 marketing year.
U.S. grains: Soybean and corn futures rebound from multiyear lows
Wheat futures jump after a sharp drop on Monday
Chicago Board of Trade soybean and corn futures rebounded on Tuesday on short covering and technical buying after sliding to multiyear lows earlier in the session.
Tyson Foods, Cargill idle Kansas beef plants due to snowstorm
Blizzards shut down roads, stranded some workers at packing plants overnight
Tyson Foods and Cargill said on Tuesday they suspended operations at beef plants in Kansas due to a massive snowstorm, reducing U.S. meat production.
U.S. grains: Corn, soy hit multi-year lows as oil sinks, rains aid Brazil crops
Concerns over Chinese demand for U.S. soybeans and wheat hung over the futures markets
U.S. corn futures sank to their lowest level in more than three years on Monday and soybean futures set a two-year low as steep declines in crude oil prices spilled over into agricultural markets.
USDA Brazil attaché cuts soybean projections for 2023/24
Several firms have dropped Brazil soybean projections on seeding delays, weather
With Brazil having faced opposing weather extremes, there’s little surprise the United States Department of Agriculture attaché cut their soybean production estimate for 2023/24. The Brasilia desk reduced its call from a record 162 million tonnes to 158.5 million in its latest report.
U.S. grains: Soy sags for third week on Brazil rains; corn hits contract low
Corn futures set a contract low; wheat prices advanced
Chicago Board of Trade soybean futures crumbled to their lowest prices since June on Friday and declined for a third consecutive week as much-needed rains hit dry growing areas in Brazil.
U.S. grains: Improved Brazilian crop weather knocks down CBOT soybeans
Wheat futures rebounded from one-month low; corn stabilized
Chicago Board of Trade soybean futures extended recent losses on Thursday as the market remained under pressure from rains in dry areas of Brazil and expectations for more beneficial showers.
USDA November soy crush estimated at 199.7 million bushels
The U.S. crush topped 200 million bushels in October for the first time ever
The U.S. soybean crush likely eased slightly to 5.991 million short tons in November, or 199.7 million bushels, while soyoil stocks rose, according to analysts surveyed by Reuters ahead of a monthly U.S. Department of Agriculture (USDA) report.
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