Soybean Pit Mar '12 (SH12)
Soybean (Pit) Futures Market News and Commentary
Soybeans posted gains of 4 to 9 ¼ cents across the board on Wednesday. The cmdtyView national average Cash Bean price was up 10 1/2 cents at $10.68 1/2. Soymeal futures were down $1.40 to $1 higher on the day, with Soy Oil futures 33 to 55 points higher.
USDA will update the weekly Export Sales data on Thursday, with estimates of 2025/26 bean sales at 150,000 to 400,000 MT in the week of 6/4. New crop is seen in a range of 100,000 to 350,000 MT. Soymeal sales are expected between 150,000 and 600,000 MT for this and next marketing year combined. Bean oil sales are estimated to total from net reductions of 2,000 MT to net sales of 15,000 MT.Â
WASDE data will be out on Thursday, with traders surveyed by Bloomberg looking for a steady report, with an average trade estimate of 339 mbu for old crop bean carryout, vs. 340 mbu in May. New crop is estimated at 310 mbu, unchanged if realized. On the world side, Brazilian production is expected to mostly be steady, with an average... Read more
Barchart · 36 minutes ago
Soybeans posted gains of 4 to 9 ¼ cents across the board on Wednesday. The cmdtyView national average Cash Bean price was up 10 1/2 cents at $10.68 1/2....
Barchart · 36 minutes ago
Corn futures slipped off the early gains on the Wednesday session, with July down ½ cent and other contracts fractionally to 2 1/4 cents higher. The CmdtyView...
Barchart · 36 minutes ago
The wheat complex closed Wednesday mostly higher, but pulling off the highs late in the day. Chicago SRW closed with contracts up 2 ¼ to 4 ¾ cents across...
Barchart · Wed Jun 10, 3:38PM CDT
Barchart Senior Market Analyst Darin Newsom analyzes whether the morning's short-covering bounce in grains is a temporary reprieve or a permanent bottom,...
Blue Line Futures · Wed Jun 10, 3:26PM CDT
Soybeans just posted their first positive day in the last 9 trading sessions. A dead-cat bounce, or is the bottom in? That might depend on these catalysts...
Swift Trading Company · Wed Jun 10, 3:03PM CDT
Price range this week continues to be confined within the end of last week's trading range. The fly issue is creating a great deal of sensationalism,...
Barchart · 33 minutes ago
Soybeans posted gains of 4 to 9 ¼ cents across the board on Wednesday. The cmdtyView national average Cash Bean price was up 10 1/2 cents at $10.68 1/2....
Barchart · 33 minutes ago
Corn futures slipped off the early gains on the Wednesday session, with July down ½ cent and other contracts fractionally to 2 1/4 cents higher. The CmdtyView...
Barchart · 33 minutes ago
Lean hog futures saw mixed trade late on Wednesday, with contracts up 70 cents to 75 cents lower. USDA’s national base hog price was reported at $97.52...
Barchart · 33 minutes ago
Live cattle futures posted gains on Wednesday, with contracts up 42 cents to $2.07 on the day. There were no deliveries issued against June futures on...
Barchart · 33 minutes ago
Cotton futures closed the Wednesday session on a mixed note, with contracts down 16 points to 28 points higher. Crude oil was up $3.65to $91.85/barrel....
Barchart · 33 minutes ago
The wheat complex closed Wednesday mostly higher, but pulling off the highs late in the day. Chicago SRW closed with contracts up 2 ¼ to 4 ¾ cents across...
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The quantum computing entry point today echoes Nvidia before its 2019 surge. From speculative bets like IonQ to safer plays like IBM and Alphabet, here's...
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