Soybean Mini Jan '24 (XKF24)
Soybean Mini Futures Market News and Commentary
Soybeans closed out the Wednesday session with contracts up 11 ¼ to 21 ½ cents across most months. The cmdtyView national average Cash Bean price was up 21 cents at $11.98. Soymeal futures were up $4.70 to $6.80, as Soy Oil was back up 17 to 58 points.
The ProFarmer Crop Tour showed Nebraska pod counts in a 3’x3’ square averaging 1,219.62, 9.54% below last year and 0.6% the 3 year average. Indiana pod counts came in at 1,318.64 bpa, down 4.21% from a year ago and 3.4% decline from the three year average. Results for Illinois will be announced later this evening.
Export Sales data will be released on Thursday, with traders looking for between net reductions of 50,000 to sales of 400,000 MT for old crop soybean sales in the week of 8/13. New crop business is seen 1-1.9 MMT. Soybean meal saels are seen between 150,000 to 500,000 MT, with bean oil bookings between net reductions of 10,000 MT and sales of 10,000 MT.
China’s Sinograin sold 308,000 of the 360,000 MT off... Read more
Blue Line Futures · Wed Aug 19, 6:02PM CDT
Oliver Sloup is boots-on-the-ground for the Pro Farmer Crop Tour, and Day 3 told a story you can't see from the road: "The Yield Isn't in the Field"
Barchart · Wed Aug 19, 5:16PM CDT
The wheat complex rallied across the three exchanges on the midweek session. Chicago SRW contracts was up 10 to 16 1/4 cents across most contracts. KC...
Barchart · Wed Aug 19, 5:16PM CDT
Soybeans closed out the Wednesday session with contracts up 11 ¼ to 21 ½ cents across most months. The cmdtyView national average Cash Bean price was...
Barchart · Wed Aug 19, 5:16PM CDT
Corn futures rallied into the Wednesday close, as contracts were up 8 to 10 cents in most front months, with deferreds fractionally to 5 ¼ cents. The...
Walsh Trading · Wed Aug 19, 3:44PM CDT
A Look at the Cattle Markets & An Option Trade Idea
Barchart · 18 minutes ago
Textron stock has underperformed the broader market over the past year, while analysts remain moderately bullish about its prospects.
Barchart · Wed Aug 19, 6:30PM CDT
Cboe Global Markets raised its quarterly dividend by 19% to $0.86 per share on Aug. 13, marking the 16th consecutive year of increases, supported by strong...
Barchart · Wed Aug 19, 5:52PM CDT
Like a dealer buying his own stash, the Treasury is propping up the market for long-dated bonds – and it won’t end well.
Barchart · Wed Aug 19, 5:16PM CDT
The wheat complex rallied across the three exchanges on the midweek session. Chicago SRW contracts was up 10 to 16 1/4 cents across most contracts. KC...
Barchart · Wed Aug 19, 5:16PM CDT
Soybeans closed out the Wednesday session with contracts up 11 ¼ to 21 ½ cents across most months. The cmdtyView national average Cash Bean price was...
Barchart · Wed Aug 19, 5:16PM CDT
Lean hog futures closed the Wednesday session with contracts 12 to 77 cents higher. USDA’s national base hog price was reported at $92.10 in the Wednesday...
Barchart · Wed Aug 19, 5:16PM CDT
Corn futures rallied into the Wednesday close, as contracts were up 8 to 10 cents in most front months, with deferreds fractionally to 5 ¼ cents. The...
Barchart · Wed Aug 19, 5:16PM CDT
Cotton futures closed with contracts 243 to 294 points higher across the front months, with deferred contracts 53 to 110 points in the green. Crude oil...