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WASDE report moves soybean prices higher

2016-05-17 00:11:00| Corn & Soybean Digest

. The May report showed slightly lower corn ending stocks for 2015-16, and significantly lower soybean ending stocks, as compared to the April Report. Corn stocks are expected to show a 19 percent increase by the end of the 2016-17 marketing year, while the ending stocks for soybeans are expected to decrease by 24 percent during that time. Focus on Ag read more

Tags: report prices higher moves

 

Will higher soybean prices stick around long enough to make some sales?

2016-04-29 21:02:00| Corn & Soybean Digest

Soybean producers were given another opportunity to reduce risk as the market traded back near recent highs. As a producer I've been able to reduce a lot of our new-crop production risk on the recent run-up in price. Now I want to wait and see if any of these dominos fall in the right direction before making my next move. Grain Market Viewpoint read more

Tags: make some long sales

 
 

South America weather, politics push soybean prices higher

2016-04-19 23:31:00| Corn & Soybean Digest

As both a producer and a spec, I have to imagine if we begin to see more business coming back to U.S. exporters for meal the trade will again start to add more risk premium. Until then the trade appears on hold preferring to take a "wait-and-see" approach in regard to South American weather and political uncertainty. Grain Market Viewpoint read more

Tags: south prices america higher

 

Can anything push soybean prices higher? Weather? WASDE? Exports?

2016-03-08 23:24:00| Corn & Soybean Digest

Soybean traders are talking about heavy technical resistance on the charts up around the $9.00 level vs. the NOV16 new-crop contract and just slightly lower vs. the old-crop contracts. Grain Market Viewpoint read more

Tags: prices higher weather push

 

May 2014 WASDE: Higher corn yields and record soybean production expected for 2014

2014-05-09 21:23:00| Corn & Soybean Digest

Source: USDA The USDA released the monthly WASDE report on May 9, estimating corn production up from the record 2013-14 year with higher corn yields offsetting reduced plantings. Average corn price is projected down to $3.85-$4.55. Soybean production is at record highs due to record yields and harvested area. Average price has dropped to $9.75-11.75. read more

Tags: record production higher expected

 

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