Soybean Oil Commodity Markets, Prices & Futures
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Latest News From Soybean Markets
Grains seeing corrective buying and help from outside markets, with good chart action in live cattle but a lower day in hogs following cash. Mark Schultz of Northstar Commodity joins Michelle Rook with analysis.
For 2022/23, the U.S. corn stocks-to-use ratio sits at 9.6%. Traditionally, a ratio under 12% suggests the need for more acres in the next growing season.
Grains recovering, on short covering heading into the holiday and with help from outside markets. Livestock mostly lower except for nearby live cattle. Michelle Rook talks with Scott Varilek of Kooima Kooima Varilek.
Corn-for-ethanol use totaled 445.7 million bu. during July, according to USDA, which was a little lighter than the 448.3 million bu. traders expected.
Technical selling and recessionary fears weighed on most commodities Thursday, except cattle. Michelle Rook talks with Don Roose of U.S. Commodities about the technical damage in the grains.
Grains under pressure as recessionary fears have funds heading for the door. Cattle trying to bounce with pullback in corn. Michelle Rook talks with Ted Seifried of Zaner Ag Hedge.
Grains opened lower on recession fears and lower outside markets. Livestock futures are seeing a little early strength on short covering. Michelle Rook has details with Mike Zuzulo of Global Commodity Analytics.
With California’s power grid under strain due to extreme heat and high demand, the utility grid operator is asking residents to avoid charging their electric vehicles (EVs).
Row crops saw fund selling in a risk off session, while wheat was higher on short covering. Cattle and hogs were mostly lower on fund liquidation and lower cash. Michelle Rook talks with Rich Nelson of Allendale.
Grains turn mixed after lower opening, livestock mostly lower on end of the month position squaring and watching outside markets. Michelle Rook breaks it down with Chip Nelliger of Blue Reef Agri-Marketing.