Soybean Mar '21 (ZSH21)
Soybean Futures Market News and Commentary
Soybeans are showing mixed trade on Thursday with contracts fractionally lower to 2 cents higher, mainly in the new crop. The cmdtyView national average Cash Bean price is down 3 1/4 cents at $11.22 1/4. Soymeal futures are down $4 to $5.10, with Soy Oil futures up 45 to 93 points. There were no soybean or soybean meal delivery notices on first notice day, with 400 issued against May soybean oil.
The weekly Export Sales report from USDA showed 2025/26 business at 258,066 MT, which was on the lower end of the 200,000-600,000 MT estimates for sales during the week of April 23. That was the second lowest for the marketing year and down 30.47% from the same week last year. New crop sales were just 2,980 MT, vs. the estimates of 0-50,000 MT.
Soybean meal sales were tallied at 295,180 MT, which was in the middle of the expected range of 150,000 to 400,000 MT. Bean oil bookings were 3,446 MT, which was in the middle of the estimated net cancellations of 10,000 MT to sales of 1... Read more
Swift Trading Company · 1 hour ago
Volatility was exceptional today. A mixed close as well suggests some spreading taking place.
Barchart · Thu Apr 30, 12:23PM CDT
Corn futures are trading with 2 to 3 ½ cent losses at Thursday’s midday, as month end pressure and wheat weakness spillover is weighing on the market....
Barchart · Thu Apr 30, 12:23PM CDT
Soybeans are showing mixed trade on Thursday with contracts fractionally lower to 2 cents higher, mainly in the new crop. The cmdtyView national average...
Barchart · Thu Apr 30, 12:23PM CDT
The wheat complex is falling back on Thursday. Chicago SRW futures are falling 15 to 18 ¼ cents. There were 400 deliveries against May CBT wheat overnight....
Klarenbach Research · Thu Apr 30, 9:56AM CDT
Technical analysis of Minneapolis spring wheat as it tests the 200-week MA. Explore key price targets and trends impacting Prairie grain marketing strategies....
Barchart · 51 seconds ago
Hertz shares rallied today as Uber announced an expanded, multi-year deal with the car rental firm. But Wall Street remains bearish as ever on HTZ stock...
Barchart · 12 minutes ago
China put a stop to the Manus acquisition, but investors appear more focused on Meta's advertising strength, AI spending capacity, and capex guidance.
Barchart · 16 minutes ago
SoFi's transition in the eyes of the market from a high-growth fintech disruptor to a more mature, bank-like operator prompts the key question of whether...
Barchart · 20 minutes ago
The S&P 500 Index ($SPX ) (SPY ) on Thursday closed up +1.02%, the Dow Jones Industrial Average ($DOWI ) (DIA ) closed up +1.62%, and the Nasdaq 100 Index...
Barchart · 29 minutes ago
Meta shares sink as capex guidance dampens a strong Q1 earnings beat. JPMorgan downgrades META stock to “Neutral” due to rising capital expenditures....
Barchart · 53 minutes ago
The “Back to Starbucks” campaign appears to hold promise.
Barchart · 1 hour ago
The dollar index (DXY00 ) on Thursday tumbled to a 1.5-week low and finished down by -0.95%. Thursday’s +2% rally in the yen weighed on the dollar after...
