Soybean Jul '19 (ZSN19)
Soybean Futures Market News and Commentary
Soybeans were up 7 ½ to 11 cents at the Wednesday close. The cmdtyView national average Cash Bean price was up 8 3/4 cents $11.55 1/2. Soymeal futures were $1.50 to $3.70 higher at the close, with Soy Oil futures 16 to 52 points higher.
Export Sales data will be out on Tuesday morning, with analysts surveyed by Reuters looking for 100,000 to 500,000 MT of 2025/26 soybean sales in the week of 7/9. New crop business is estimated to total 0.9-1.7 MMT in that week. Soybean meal sales are pegged in a range of 150,000 MT to 650,000 MT, with bean oil bookings between new cancellations of 10,000 MT to net sales of 16,000 MT.Â
The next 7 days are remaining dry for much of the Western Corn Belt according to NOAA’s 7-day QPF, with just trace amounts in parts of MN, IA, NE, MO, and the Dakotas. The Eastern Corn Belt is a little wetter, with 0.5-1.5 inches expected in parts of IL, IN, and OH.Â
NOPA data from this morning came in well above the average trade guess of 203.99 mbu,... Read more
Barchart · Wed Jul 15, 5:17PM CDT
Soybeans were up 7 ½ to 11 cents at the Wednesday close. The cmdtyView national average Cash Bean price was up 8 3/4 cents $11.55 1/2. Soymeal futures...
Barchart · Wed Jul 15, 5:17PM CDT
The wheat complex was in rally mode leading to the grains higher on Wednesday, with export concerns out of the Black Sea. Chicago SRW contracts were mostly...
Barchart · Wed Jul 15, 5:17PM CDT
Corn futures posted gains of 5 to 9 cents across the board at the close on Wednesday, getting spillover support from near limit gains in wheat. That came...
Walsh Trading · Wed Jul 15, 4:58PM CDT
Dec 26/Dec 27 Corn Spread Eyed
Blue Line Futures · Wed Jul 15, 4:03PM CDT
Wheat did the heavy lifting today, finishing 5% higher for the day. Corn and soybeans tagged along, cattle got hit hard, but lean hog futures made new...
Swift Trading Company · Wed Jul 15, 2:37PM CDT
The price erosion has created an exceptionally wide positive basis, leaving producers with the aspect of "damned if you do and damned if you don't."
Barchart · Wed Jul 15, 8:18PM CDT
Incyte is scheduled to release its second-quarter results later this month, with analysts projecting a double-digit increase in its bottom line figure....
Barchart · Wed Jul 15, 6:30PM CDT
FMC stock is trading near the lowest level in over two decades as the company continues to battle several challenges. It, however, can be a speculative...
Barchart · Wed Jul 15, 5:17PM CDT
Cotton futures closed the Wednesday session with contracts up 24 to 96 points at the final bell. Crude oil was up 90 cents on the day with the US dollar...
Barchart · Wed Jul 15, 5:17PM CDT
Soybeans were up 7 ½ to 11 cents at the Wednesday close. The cmdtyView national average Cash Bean price was up 8 3/4 cents $11.55 1/2. Soymeal futures...
Barchart · Wed Jul 15, 5:17PM CDT
The wheat complex was in rally mode leading to the grains higher on Wednesday, with export concerns out of the Black Sea. Chicago SRW contracts were mostly...
Barchart · Wed Jul 15, 5:17PM CDT
Corn futures posted gains of 5 to 9 cents across the board at the close on Wednesday, getting spillover support from near limit gains in wheat. That came...
Barchart · Wed Jul 15, 5:17PM CDT
Live cattle futures closed with $1.30 to $2.82 losses on Wednesday. Cash trade started to pick up this week, with a few light northern sales of $378-380...
Barchart · Wed Jul 15, 5:17PM CDT
Lean hog futures posted gains of $1.05 to $2.35 across most contracts on Wednesday, with July up 7 cents on expiration. USDA’s national base hog price...