Soybean Oil Commodity Markets, Prices & Futures
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Latest News From Soybean Markets
Grains up after minor U.S. changes in WASDE. RGE cuts Argentina crops, but may be priced in. Wheat saw short covering, while hogs bounced and consolidated. John Heinberg of Total Farm Marketing. has details.
Grains higher after the WASDE with cuts in the Argentina corn and soybean crop outweighing the increase in corn and soybean ending stocks. Wheat saw very few changes. Jim McCormick of AgMarket.Net has details.
Conab, the Brazilian government’s crop estimating agency, released updated crop and export estimates for corn and soybeans.
Grains are firmer ahead of the report. Soybeans and meal are the strongest on SA weather. Cattle seeing more profit taking, while hogs are lower. Michelle Rook has an update.
AgDay TV Markets Now: Mark Schultz of Northstar Commodity talks about the report positioning and profit taking in grains as well as cattle after new highs.
So far this winter, grain movement in Canada has incurred few if any major problems to stymie rail shipments, according to Mark Hemmes, president of Quorum Corp., which tracks rail movement in Canada.
Grains end mostly lower ahead of the WASDE, watching SA production, crude oil. Live cattle hit by profit taking after contract highs, with short covering in hogs. Mark Schultz of Northstar Commodity has analysis.
Cattle lower, but with is this just healthy profit taking after contract highs? Hogs try to recover after new lows. Report positioning in the grains. Brad Kooima of Kooima Kooima Varilek has analysis.
Grains mixed w/report positioning and profit taking in meal and soybeans. Wheat supported on a lower crop rating in TX. Cattle consolidate after new highs. Tomm Pfitzenmaier of Summit Commodity Brokerage has more.