Soybean News
The latest soybean commodity market news and insights for soybean producers and agribusiness.
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Darin Newsom, Barchart, says the financial markets have reacted positively to the International Trade Commission’s court ruling against the Trump tariffs, declaring them unlawful. However, the ag markets are disregarding the news.
Matt Bennett with AgMarket.Net says corn and soybeans saw heavy technical or fund selling pressure on Wednesday, some of it in the grains was tied to weather.
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Dust storms can occur anywhere there’s loose soil and wind. Along with Illinois, states including Indiana, Kansas, Missouri, New Mexico and Texas have also experienced the problem this year.
Randy Martinson, Martinson Ag, says wheat is seeing some strength from lower crop conditions,.
Arlan Suderman, Chief Commodities Economist with StoneX, says corn and wheat saw pressure from weather, largely disregarding the positive news of EU tariff delays.
How can you know whether your corn crop has strong yield potential? It doesn’t have to be a mystery, say David Hula and Randy Dowdy. Their practical tips will help you make good input decisions this season for better outcomes at harvest.
Brad Kooima of Kooima Kooima Varilek says cattle futures are seeing some early weakness despite last week’s record cash and neutral USDA Cattle on Feed Report compared to expectations. Corn is down with wheat and mostly favorable weather.
After turning bearish last week, Jerry Gulke, president of the Gulke Group, says he watched the markets all rally without a real fundamental reason for the move.
Darren Frye, Water Street Solutions, says the grain markets saw risk off selling tied to President Trump’s threat of 50% tariffs on the EU on June 1.