Soybean Oil Commodity Markets, Prices & Futures
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Latest News From Soybean Markets
The Biden administration should pursue enforcement action against Canada and Mexico where necessary, Senate Finance leaders Ron Wyden (D-Ore.) and Mike Crapo (R-Idaho) said in a letter...
“It’s been a quiet week except for wheat,” says Jerry Gulke, president of Gulke Group. “Wheat has some promise, but we’ll have to see what happens in Ukraine and also with the weather.”
AgDay TV Markets Now: Randy Martinson of Martinson Ag talks about Friday’s market action and how all the grains posted higher weekly closes despite improved weather in Argentina and HRW areas.
USDA’s attaché in Australia expects the country’s wheat crop to be slightly bigger than currently forecast by the Australian Bureau of Agricultural and Resource Economics and Sciences (ABARES) and USDA.
Grains close mixed Friday. Profit taking & Argentina rain weigh on soybeans, but all the grains had higher weekly closes. Cattle were up on $156 southern cash. Randy Martinson, Martinson Ag has more.
Egg prices in the store are at 50-year highs prompting a Federal Trade Commission investigation into price gouging. but one economist says it isn’t warranted.
Grains mixed after early profit taking, Argentina rains, but are working on higher weekly closes. Livestock are mostly higher on short covering, despite soft cash. John Heinberg of Total Farm Marketing has more.
Livestock opened higher but live cattle fade after disappointing cash. Hogs are failing to build on yesterday’s technical reversal. Grains lower on profit taking. Scott Varilek of Kooima Kooima Varilek has more.
One of the top concerns for farmers heading into the 2023 growing season is high input costs. However, one input — fertilizer — looks surprisingly less expensive than a year ago.
AgDay TV Markets Now: Vince Boddicker of Farmers Trading Company talks about the combination of factors that drove the grain rally on Thursday.