Soybean Mar '21 (ZSH21)
Soybean Futures Market News and Commentary
Soybeans posted front month buying on Wednesday, as contracts were 11 ¾ to 16 ¼ cents higher across the nearbys and up 7 ¾ to 9 ¾ cents in the deferreds. The rally to $12.38 in the August contract hit the highest level since May 2024. The cmdtyView national average Cash Bean price was up 15 1/2 cents at $11.99 1/2. Soymeal futures were $4.90 to $5.60 higher, with Soy Oil futures rallying 66 to 119 points.Â
Weekly Export Sales data from USDA is expected to show net cancellations of 200,000 MT to sales of 400,000 MT in the week of 7/16. Sales for 2026/27 are seen between 1-1.8 MMT. Meal sales are estimated to total 100,000 to 575,000 MT, with bean oil between net reductions of 10,000 MT to sales of 10,000 MT.
The 7-day QPF from NOAA showed a band of 1 to 2 inches of rain in parts of NE, KS, and MO, as well as OH in the next week. The Dakotas, MN, WI, IA, IL, and IN remain on the drier side, with less than 0.5 inches expected.
ANEC estimates the Brazilian soybean expo... Read more
Barchart · Wed Jul 22, 4:48PM CDT
The wheat complex led the grain rally again on Wednesday as the KC complex led the way to fresh highs. Chicago SRW contracts were the highest since 2024...
Barchart · Wed Jul 22, 4:48PM CDT
Corn futures rallied 8 to 9 1/2 cents into the Wednesday close, holding within 2 cents of the intraday highs across most contracts. Deferred contracts...
Barchart · Wed Jul 22, 4:48PM CDT
Soybeans posted front month buying on Wednesday, as contracts were 11 ¾ to 16 ¼ cents higher across the nearbys and up 7 ¾ to 9 ¾ cents in the deferreds....
Walsh Trading · Wed Jul 22, 4:17PM CDT
Funds Continue to Extend Long
Walsh Trading · Wed Jul 22, 3:29PM CDT
Low-Cost Trades, With Limited Risk
Barchart · Wed Jul 22, 12:02PM CDT
Soybeans are posting strength on Tuesday, with contracts 12 to 13 cents higher in the front months. The cmdtyView national average Cash Bean price is up...
Barchart · 33 minutes ago
Cardinal Health will release its fourth-quarter earnings next month, and analysts anticipate a double-digit bottom-line growth.
Barchart · 37 minutes ago
Lumentum Holdings will release its fourth-quarter earnings next month, and analysts anticipate a robust triple-digit bottom-line growth.
Barchart · 42 minutes ago
Qnity Electronics will release its second-quarter earnings next month, and analysts anticipate a high double-digit profit dip.
Barchart · 47 minutes ago
Dominion Energy will release its second-quarter earnings next week, and analysts anticipate a single-digit bottom-line growth.
Barchart · 53 minutes ago
Berkshire Hathaway will release its second-quarter earnings soon, and analysts anticipate a low single-digit bottom-line growth.
Barchart · Wed Jul 22, 6:30PM CDT
Energy Transfer has a dividend yield of 6.7%, and the company stands to benefit from the Iran war, which should push more countries to diversify their...
Barchart · Wed Jul 22, 4:48PM CDT
Cotton futures saw gains of 42 to 91 points across most contracts on Wednesday session. Crude oil is up another $2.14 per barrel, with the US dollar index...
Barchart · Wed Jul 22, 4:48PM CDT
Lean hog futures saw gains of 20 to 75 cents across most contracts, with August the exception, down a nickel. USDA’s national base hog price was reported...