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On Thursday, the USDA says China bought 132,000 metric tons of U.S. soybeans, with 120,000 metric tons going to unknown destinations for the new crop marketing year. An unknown purchase of old and new crop U.S. soybeans happened on Wednesday, which some traders thought could have been China, but that’s not been confirmed.
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“S&P Global raised its U.S. corn acreage estimate to 96 million acres, up from its March estimate of 95.2 million acres and above USDA’s M…
Traders are watching news of soybean purchases and winter corn harvest beginning in Brazil. “Soybean futures are trading higher on rumors of p…
Chad Pater at CHS Hedging said, “NOAA has confirmed that the global climate has shifted into an El Niño pattern, a phenomenon that typically b…
Nick Paumen at CHS Hedging said, “Yesterday’s storms had reports of tornadoes touching down in east-central Illinois, one in southwest Wiscons…
“The National Oilseed Processors Association (NOPA) reported its members crushed 208.785 million bushels of soybeans in May,” Total Farm Marke…
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