Soybeans Commodity Markets, Prices & Futures
Use the chart below to check futures prices for soybeans. Click the contract dates for more prices and trends. Cash price reflects the USDA Chicago terminal.
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Latest News From Soybean Markets
California Governor Newsom’s signing his legislature’s E15 bill made the state the last remaining and biggest to allow sales of the higher ethanol blend.
The microbial product works as part of an integrated strategy to address SCN, the No. 1 yield-reducing pest problem in soybeans. Farmers routinely see yields cut by 5 bushels or more per acre in affected fields.
Brad Kooima, Kooima Kooima Varilek, says the market is staying intact and absorbing a great deal of bearish news including last week’s lower fed cash trade and lower cutouts.
USDA’s Quarterly Stocks report on Tuesday provided a bearish surprise for the corn market.
Tommy Grisafi with Nesvick Trading says corn and soybeans saw selling late in the session on harvest pressure. However, soybeans had a higher weekly close pushed by President Trump’s renewed ideas of a China deal.
Scott Varilek with Kooima Kooima Varilek says it has been another volatile week in the cattle futures but they are still trading sideways and holding the uptrend lines. Grains are pausing after hitting chart resistance.
Bryan Doherty, Total Farm Marketing, says soybeans extended gains off of Wednesday’s reversal on technical buying and short covering but with hopes of a China deal. The trade aid announced will also keep farmer selling at a minimum.
Announcement coming on Tuesday regarding support for farmers.
The government is shut down for a second day and so are no reports from USDA, including weekly export sales or flash sales. So what are the grain markets trading?
Herbicides and defoliants are commonly used by farmers in southern regions to quicken the harvest period and reduce the risk of shatter loss and poor test weights. Now, Midwest growers and researchers are looking at how to use the practice.