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Corn and soybean futures fell on Tuesday at the Chicago Exchange, following reports of projected high inventories for multiple years, even as farming is expected to decline in 2024. The US Agricultural Ministry said in its quarterly report that corn inventories surged to 8.347 billion bushels as of March 1,...
Soybean futures fell at the Chicago Board of Trade by more than 1% to below $12 a bushel on profit-taking after a day of trading near two-month highs. Conversely, wheat futures gained ground today while corn ended mostly flat after a volatile session. Soybean prices fell after a two-session advance...
Agricultural commodities rose on Friday as the dollar tumbled against a basket of major rivals, pushing them to weekly profits. Soybeans received support from strong demand in China, the world's largest commodity importer. US government said soybean sales in the week ending October 27 reached 830.2 thousand tones, while corn...
Soybean prices rose on Monday, and hit a 6-year high due to concerns over dry weather conditions and strikes in Argentina, in addition to concerns over the new strain of the coronavirus in Britain. More than 100 shipments of soybean and other agricultural commodities have been suspended in Argentina, as...
Soybean prices rose on Monday, despite the dollar’s rise against its peers, lifted by the recovery of US exports and positive news about Pfizer's Covid-19 vaccine. The American company Pfizer announced that the vaccine candidate developed in cooperation with BioNTech was found to be more than 90% effective in preventing...
Soybean prices rose on Thursday for the third straight session, as the US dollar fell against most currencies, and amid dry weather in some South American countries and strong demand from China. Singapore-based analysts said China is actively buying soybean from the US and Brazil, while the latter is witnessing...
Soybean prices rose on Tuesday, as the US dollar fell against its peers, after positive data about progress on this year's harvest in the US. The US presidential election launched today between the current president Donald Trump versus Democratic candidate Joe Biden, and farmers want to determine the upcoming White...
Soybean prices fell on Tuesday, to snap a 6-day winning streak, which was made thanks to the strong Chinese demand that pushed prices to a 4-year peak on Monday. Analysts expect the Chinese government will import millions of tonnes of US farm goods alongside other countries, led by Brazil, within...
Soybean prices rose on Monday, despite the US dollar's rise against most of its peers, as the agricultural commodity drew support from upbeat US export data. The US Department of Agriculture revealed in its weekly report that the US sold 135,000 tonnes of soybean to the Philippines for the marketing...
Soybean prices rose on Tuesday, to extend gains for the second straight day, as the US dollar fell against most of its peers Soybean was lifted by technical buying and expectations of a drop in global supply, amid the strong global demand and rising US exports. The US Department of...
Soybean prices turned lower on Friday, despite a retreat in the US dollar against most currencies and rising US exports of agricultural goods. Soybean opened higher today thanks to strong demand and fears over dry weather conditions in Brazil, but soon investors rushed to profit taking. The US Department of...
Soybean prices held on Thursday, near the highest level since March 2018, while the US dollar steadied against most major currencies. The US Department of Agriculture reported that Mexico and China have booked huge purchases of US soy. The USDA stated that private US exporters sold 374,000 tonnes of soybean...