Soybean News
The latest soybean commodity market news and insights for soybean producers and agribusiness.
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Scott Varilek, Kooima Kooima Varilek, says cattle are awaiting cash direction with producers and feedlots holding out for higher money. Grains are mixed after a higher close on Thursday.
DuWayne Bosse, Bolt Marketing, says grain markets rebounded Thursday on technical buying after holding and bouncing off support areas. Strong export demand was also positive.
Mark Knight, Farmers Keeper Financial, says grains are seeing a technical bounce off support areas wtih strong weekly exports.
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Alan Brugler with A&N Economics, LLC. says the tariff escalation once again weighed on the grain markets with the EU putting retaliatory tariffs on U.S. grains and threats that Canada would put levies on U.S. ethanol imports.
John Heinberg with Total Farm Marketing says grain and livestock both saw risk off selling tied to trade uncertainty, bearish outside markets and recessionary fears.
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Kent Beadle with Paradigm Futures says corn is extending gains for a 5th session still in recovery mode after the panic liquidation tied to tariffs. Soybeans rebounded early.
The common thread among the nation’s farmers is building demand in 2025 both domestically and internationally.
Heading into the 2025 planting season farmers in the Northwestern Corn Belt are facing some of the same headwinds as the rest of the country from tariffs to lower grain prices and drought.