Soybean News
The latest soybean commodity market news and insights for soybean producers and agribusiness.
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Commodity markets are waiting for one key answer: Does the U.S. really have a deal with China? With only a $17 billion figure and few details, traders want proof through tariffs, export sales and purchases.
Jon Scheve with Scheve Grain says the grain markets are looking for bullish news and without China purchases soon have the grain markets put highs in?
The company commits to a seven-year ban on restrictive provisions to foster competition in the corn and soybean markets. The settlement highlights a deepening partnership between federal antitrust regulators and agricultural authorities.
Mark Schultz with Northstar Commodity says the market was skeptical about the lack of specifics in the framework before China denied the purchase amounts.
Data shows late-planted corn can “cheat” the clock with GDU acceleration, making the case for holding the line on your original hybrids for now.
Corn and soybeans face pressure from China trade doubts, fast planting and lower crude oil. Meanwhile, rising interest rates signal inflationary fears.
The grain market failed on profit taking as traders want to see more details on China purchases or flash sales says Brian Grete with CommStock Investments.
Given the weed’s yield-loss potential and long emergence pattern, farmers in its path are taking notice and putting control measures in place.