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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.
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.
Tuesday, November 24, 2020
US soybean futures highest since June 2016 due to supply issues and South America dry conditions
United States soybean futures surged for a sixth successive session to its highest in four years, driven by lower US supplies and dry conditions in South American crop areas, Reuters reported.
Friday, April 17, 2020
US soybean futures regain from 3-1/2-week low
Chicago Board Of Trade (CBOT) soybean futures bounced back on Wednesday from their lowest after more than three weeks.
Tuesday, May 14, 2019
Soybean futures plunge to lowest in a decade as US-China trade war escalates
The still-unresolved US-China trade war has led to soybean futures dropping to their lowest level in a decade as it appears unlikely that China will resume purchases of US beans, Bloomberg reported.
Saturday, February 27, 2010
Asia Grain Outlook on Friday: Soybean futures may fall to US$7/bushel
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Thursday, February 19, 2009
Thursday: China soybean futures settle down on CBOT; corn up on government's buy
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Friday, November 28, 2008
Friday: China soybean futures down on shaky oil, global markets
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