
Tag Archives soybean

U.S. grains: Soybeans hit fresh four-year peak on tightening supplies
Soyoil helps lift soybeans amid tight world veg oil supplies; good exports boost corn
Chicago | Reuters — U.S. soybean futures rose to a new four-year peak Wednesday, led by sharply higher soyoil and as robust demand for beans from exporters and domestic processors fueled worries about tightening supplies of the oilseed. Corn and wheat followed soybeans higher, with strong export demand giving corn an additional lift. Grains remain […] Read more

U.S. grains: Soybeans rise to four-year peak
Corn up on export hopes, eye on South American dryness
Chicago | Reuters — U.S. soybean futures scaled a four-year high on Tuesday as soaring demand from domestic users and exporters stoked concerns that already-thin supplies are likely to tighten further. Corn futures climbed for a third straight session on strong demand and smaller global supplies, while wheat dipped after two days of gains. “Soybeans […] Read more

U.S. grains: Soybeans firm on export demand, record crush
Rising energy, equities markets give grains additional lift
Chicago | Reuters — U.S. soybean futures rose for a second straight session on Monday, holding near a more than four-year high hit last week, on strong demand from top buyer China and data showing the U.S. soy crush pace hit an all-time high last month. The strong demand stoked worries about thinning supplies of […] Read more

U.S. grains: Soybeans up again on export demand, supply concerns
Markets recover after setback on Thursday
Chicago | Reuters — U.S. grain futures rose on Friday as soybeans traded near a 4-1/2-year high reached earlier this week on strong export demand and tightening domestic inventories. The soybean market appeared to be well supported at current prices, after the U.S. Department of Agriculture ignited a rally with a report on Tuesday that […] Read more

U.S. grains: Soybean futures retreat off 4-1/2 year high
Technical selling adds pressure on corn futures, analyst says
Chicago | Reuters — Chicago Board of Trade soybean futures pulled back on Thursday, a session after they hit their highest level in about 4-1/2 years, and corn futures retreated from their highest in more than a year. The markets took a breather after rallying on a U.S. Department of Agriculture crop report, issued Tuesday, […] Read more

U.S. grains: Soy futures hit highest in over four years
U.S. soy stocks enter 'danger zone,' Rabobank says
Chicago | Reuters — U.S. soybean futures on Wednesday hit new four-year highs for the third consecutive day, while corn futures retreated after topping a one-year high on strong export demand and tighter supply estimates. Soybeans extended a rally after the U.S. Department of Agriculture on Tuesday issued a monthly crop report that said corn […] Read more

U.S. grains: Soybean futures surge again to new four-year high
USDA cuts corn, soybean yield estimates
Chicago | Reuters — Chicago Board of Trade soybean futures soared to a fresh four-year high on Tuesday and corn topped a one-year high after the U.S. Department of Agriculture said stockpiles this marketing year will fall to their smallest in seven years. The forecasts, issued in a monthly crop report, reflected a decline in […] Read more

U.S. grains: Soy futures touch new four-year top
Pfizer update on COVID vaccine sends shares, oil higher
Chicago | Reuters — U.S. soybean futures reached a new four-year high on Monday as the first successful data from a late-stage COVID-19 vaccine trial fueled hopes of the economy recovering quickly from the pandemic-driven crisis. Broad optimism about Pfizer’s vaccine trials added support to a soybean market already buoyed by strong Chinese demand and […] Read more

USDA sees more soy and wheat plantings, less corn for 2021-22
Chicago | Reuters — U.S. farmers are likely to expand plantings of soybeans and wheat while slightly reducing plantings of corn for the upcoming marketing year, the U.S. Agriculture Department said on Friday. USDA forecast that farmers will seed 90 million acres of corn in the 2021-22 crop year, down from 91.0 million for 2020-21. […] Read more

U.S. grains: Soybeans hold near four-year high
Focus shifts to Tuesday's USDA report to gauge tightening supply
Chicago | Reuters — Chicago soybean futures held near a four-year high on Friday as Brazilian dryness and strong demand from leading importer China kept the market focused on the prospect of tightening supplies. Corn and wheat dipped but were underpinned by weather risks and Chinese-fueled international demand. The most-active soybean contract on the Chicago […] Read more