Soybeans

Bearish on U.S. grain prices

By Chad Burlet | February 1, 2017

As we began the month of January it appeared that flooding and wildfires in Argentina would be our dominant stories. However, just as conditions in Argentina started to improve, a new U.S. President was being sworn in. It quickly became clear that the new administration would create far more risk and uncertainty than this year’s South American weather.

Soybean selloff continues unabated

By Ryan Ettner | January 31, 2017

The soybean selloff continued unabated yesterday. The weakness started in the overnight market and accelerated throughout the day. The selling pressure seemed to come from all directions.

Soybeans can not maintain their lofty levels relative to the grains

By Chad Burlet | December 2, 2016

The month of November proved to be a very interesting month for agricultural commodities. After starting with a traditional focus on the U.S. harvest and the record yields in corn and soybeans, our markets were impacted mid-month by a Chinese speculative buying frenzy and late month by the combination of the EPA’s increased biofuels mandate, the USDA’s 10-year Baseline projections, and OPEC’s agreement to cut production by 1.2 million barrels per day.

Soybeans continue to march higher

By Ryan Ettner | November 29, 2016

Soybeans continued their march higher as they closed higher for a 7th consecutive session. The Chinese market as well as the Malaysian palm market closed higher last night giving market bull’s early momentum.

Soybeans and their volatility

By Ryan Ettner | November 15, 2016

Soybeans began the week like they ended last week, on a volatile note as January traded a 14-½ cent range. Weakness was attributed to a continuing run up in the U.S. dollar and a weaker Chinese market. The U.S. dollar continues to see strength as the rest of the world currencies are under pressure and the bond market continues to fall apart which is pushing money to the United States. The Chinese soybean market was down another 5% overnight after dropping 4% on Friday.

Will we see gains in grains?

By Ryan Ettner | November 1, 2016

Monday morning, corn saw 8 a.m. sales of 101,000 tonnes to Barbados, which was enough to suggest very light support. At 101,000 this sale was the smallest possible to make the 8 a.m. sales report, so it didn't catch large market attention.

S&P 500 downward bias potential

By Jason Rotman | October 21, 2016

The S&P 500 futures are down .4% today. Microsoft hit all time highs on its earnings but that has failed to boost the broader market. We would not be surprised to see a test of the 2100 level soon.

Fund buying in corn; Soybeans end month on positive note

By Ryan Ettner | October 4, 2016

There was little doubt at all fund buying was seen in the corn on Monday. Now the next question should be: Is this just a one day buy to start a new month and new quarter or if this is going to be a longer term short covering event for the funds?

Pages