Following a steady start to the morning CBOT soybean futures quickly rallied to new highs for the week, and were 10-11 cents higher at the close. China’s new intellectual property laws are viewed as favorable for trade negotiations, and the rally in CME hog futures has grain traders leary of staying overly bearish. The…
The March NOPA crush report was overall supportive for the US soybean crush outlook, as it showed that processors continue to run plants near full capacity. NOPA reported that its membership processed 155 Mil Bu of soybeans in February, which was about 4 Mil Bu short of expectations, but still the largest February crush rate…
We’re in a GLOBAL pattern inspiring a stronger than normal jet stream with attendant high wind events.
A look at key weather for all crop areas into early April.
** CBOT values have rallied from a mixed opening as fund selling failed to materialize. ARC has not heard of any fresh Chinese export demand for US grain or soybeans, but several commercials indicate that China did raise offers for new crop soybeans from prior levels. And amid producers that are now holding fast on…
Contact
submission
You have successfully added an item to your cart! You may view the contents of your cart and proceed with checkout, or continue shopping.
Multiuser
subscription
How many users would you like to add?
