Below you'll find a list of all posts that have been tagged as “soybean prices”
Reviewing our list of 48 commodities that we track each day here at the Bottomline Report, grains and livestock switched positions as the month of July came to a close. During the month, the only grain ending in the red, as a matter of fact, was oats, down nearly 4%. Extended hot, dry weather helping soybeans gain 5% for the …
StoneX Commodities released an 80-page report recently providing insights in how they see markets performing in the third quarter. StoneX third quarter outlook shows corn and soybean prices remaining under pressure, especially later in the quarter with ample supplies heading into harvest. Wheat, they say, can be firm to a bit higher amid tight supplies here and also in Europe. …
Weather forecasts front and center in the grain trade here at midweek, but U.S. and European weather models disagree going forward. Bottomline grain analysts suggest that commodity fund traders have been looking for any reason to go long in this market, and weather was the reason this week. Now, there’s a catch. European weather models show a hot, dry August …
If the U.S. can get its trade disputes resolved, one economist says soybean prices could jump as much as 15 percent higher. Farm Journal’s Ag Web Dot Com quotes Jackson Takach of Farmer Mac as saying there’s no underestimating the importance of trade to agriculture. “One of every $4 or $5 in farm income is from foreign sources,” he says. …
