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Thursday, February 1, 2024
Chicago soybean futures hit two-year low amid supply glut, China demand concerns
Chicago soybean futures experienced a significant downturn, plunging to a two-year low below US$12 a bushel due to improved supply expectations from South America and growing concerns about demand from China, Nasdaq reported.
Monday, December 11, 2023
US soybean futures dipped on December 8 following USDA's estimate of Brazilian harvest
US soybean futures fell on December 8 after the US Department of Agriculture's (USDA) updated estimate of Brazil's soybean harvest fell toward the high end of trade expectations, easing concerns about global supplies of the oilseed.
Thursday, November 30, 2023
Increase in US Chicago soybean futures as weather inhibits Brazil's yieds
US Chicago soybean futures edged higher on November 29, extending gains from the previous session, as traders assessed the impact of hot and dry weather conditions in Brazil that are reducing yields in the world's top producer.
Thursday, November 16, 2023
Decline for Chicago soybean futures on November 15 following days of rally
Chicago soybean futures inched down on November 15 after rallying for the last several days to August highs, as Brazil's improving weather outlook overshadowed record US soybean crushings last month.
Tuesday, October 31, 2023
Chicago soybean futures rally on strong US demand
Chicago Board of Trade (CBOT) soybean futures saw a significant rally, with soymeal hitting a contract high due to robust demand for supplies from the United States, according to analysts, Reuters reported.
Monday, September 25, 2023
US soybean futures increase on September
US soybean futures rose on September in a light technical rebound from six-week lows while corn and wheat also ticked higher on bargain-buying.
Thursday, August 10, 2023
US soybean futures drop amid favourable weather, wheat surges on global supply concerns
Chicago Board of Trade (CBOT) soybean futures experienced a decline of 2.5% on Monday driven by widespread rainy conditions across crucial US crop regions, while wheat prices were up due to global supply concerns, Successful Farming reporte ...
Monday, June 27, 2022
Increase in US soybean futures on June 24
US soybean futures rose on June 24, snapping a streak of four negative sessions, on a round of bargain buying and short covering, traders said.
Tuesday, March 15, 2022
Soybean meal futures reach seven-year high
Futures for soybean meal, a key component of animal feed, climbed to a seven-year high as top shipper Argentina suspended export registrations, another sign of countries curbing trade to protect domestic food markets.
Tuesday, March 1, 2022
Soymeal futures in China reach a record high on tight bean supplies
Soymeal prices on China's Dalian Commodity Exchange rose to a record high even as the government plans to release soybeans from its reserves over concerns of tight supplies of the oilseed in the market, Reuters reported.
Wednesday, April 21, 2021
US corn futures highest in eight years, soybean nears seven year high
Chicago Board of Trade (CBOT) corn futures reached its highest in eight years, while soybean futures neared its highest in seven years, which analysts said are because of tightening supplies supporting cash markets and speculative buying, R ...
Thursday, March 18, 2021
US corn futures continues to rise thanks to increased demand from China, soybean drops
Chicago corn futures on the Chicago Board of Trade (CBOT) gained for a fifth consecutive session thanks to demand from China, while wheat prices eased and soybean prices dropped, Reuters reported.
Friday, March 12, 2021
Soymeal futures in China slumped following African swine fever resurgence concerns
Soymeal futures in China's Dalian Commodity Exchange slumped following concerns of an African swine fever (ASF) resurgence may affect demand for the key livestock feed ingredient over the coming months, Reuters reported.
Monday, March 8, 2021
US soybean futures push higher as global supplies could be affected by Argentina's dry weather
United States soybean futures pushed higher on a fourth straight weekly gain last week, as global soybean supplies could be affected by Argentina's dry weather, Reuters reported.
Monday, March 1, 2021
Soymeal futures in China decline because of swine disease concerns
Soymeal futures in China declined 5%, the sharpest drop in eight years on February 26, as investors took profit and new African swine fever (ASF) outbreaks in the country resulted in concerns over demand, Reuters reported.

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