Soybeans retreat from recent gains, awaiting further Chinese buying. This morning’s grain trade has soybeans on retreat, as the market has initially absorbed the two MMTs of beans purchased by China, amid the prevailing bearish fringe’s constant doubt that they will do any more the rest of this year. As China fulfills its agreement, the…
Chinese buying interest persists. After spending the overnight session in negative territory, commodity prices firmed as the session progressed. Demand is the keyword in trade right now, following yesterday’s rumor that China had booked US soybeans during the session. It is believed that China booked 14 US soybean vessels yesterday, 8 from the Gulf and…
Grain prices recover from Friday’s washout. The market is seeing a moderate rebound this morning following last Friday’s negative reaction to the November WASDE report. While the numbers were not outright bearish, they fell short of expectations, prompting profit-taking on long positions heading into the weekend. Although the data wasn’t strongly bullish, the reduction in…
USDA WASDE Grain Stocks Report 11/14/25
Crop report out today at 11:00 a.m. This morning’s grain trade is firmer to higher despite outside-market chaos, with metals, cryptocurrencies, and equities on heavy risk-off. Today’s the long-awaited WASDE and USDA crop production data numbers, along with flash sales, that will create chaos today. Volatility alerts should be high. The market is bracing for…
Soybeans overnight pushed new post-harvest recovery highs Today through Friday, we finally get some data to work with. CONAB released its estimates this morning for Brazil’s new crop at a record 177.6 MMTs and its export forecast at 112.1 MMTs. Soybeans maintain strength this morning despite that number, as a growing thought is developing of a…
Spec trade: Buy a Jan Soybean at the market, 1126 last with a 1117 stop. The market is absorbing negative news well.
Wheat prices lead overnight weakness After another firm overnight trend, selling gave way overnight, led by wheat. Starting to see position building ahead of Friday’s WASDE update, and with a lack of Chinese buying confirmation, the trade is finding liquidation of recent length in the ongoing play. The U.S. government appears to be nearing a resolution…
Turnaround Tuesday is in play Today is Veterans Day. The day we set aside to honor those who have served our country. Thank you. Turn-around Tuesday is back in play as usual. Significant gains yesterday, getting checked today. As US soybeans are already a high-priced product for importers, yesterday’s strength makes them even more expensive. To…
The government looks to be reopening this week Grain futures opened the week on a firmer note, supported by optimism over the US Senate procedural vote to provide a resolution to the U.S. government shutdown. Broader markets viewed the development as a positive signal for the overall economy, helping lift commodities as well. Gold surged over…
