The Market With the September WASDE fully absorbed, the trade turned its attention to central banks boosting interest rates to crush inflation but at the same time risking a recession. November soybeans closed out the trading week by losing 22.75 cents, December soyoil was off 2.28 cents, and December meal advanced by a modest $1.60/ST.
U.S. Soybean Conditions The weekly NASS Crop Progress report showed 55 percent of the soybean crop rated Good/Excellent, that is down one point from a week ago and less than the 58 percent in the category this time a year ago. Meanwhile, harvesting of the crop has begun.
Export Sales USDA’s weekly announcement of the prior week’s export sales brought disappointment relative to expe...
Russian Grain Markets: 29 June-3 July 2026 The new marketing season has officially begun in Russia, although bearish sentiment has been concentrated in the southern regions closest to the Black Sea ports, where export demand has been weakest. Delays in grain deliveries to inland elevators have...
What You Need to Know Today: The hot, dry weather forecast continues to drive strength in grain futures with corn and soybeans hitting another day of strong gains. Monday’s Crop Progress and Conditions data were in line with market expectations and showed relatively few concerns for the...
Yesterday we wrote about the Q1 GDP numbers and the June employment reports in an article entitled Real GDP for Q1 Relying on AI Buildout, Held Back by Consumer Spending. That article mentioned that consumer spending had become a drag on GDP. Nonetheless, real GDP in Q1 was revised upward to 2...
