Recent Soy & Oilseeds Analysis
Market Commentary
The CBOT found plenty of support today from the weekend attack in Saudi Arabia that sent crude oil futures sharply higher. Between the support building late last week anyway, the weekend news was sufficient to keep sellers at bay in nearly every commodity except soymeal. Soyoil, biodiesel and e...
WPI Crop Progress and Conditions App (Updated 16 September)
Update for 16 September 2019: Data is updated through USDA's latest report. The app contains a large volume of data, so please be patient while it loads. Also, if you have any feedback about the app, we're always appreciative of thoughtful suggestions! ...
Summary of Futures
Dec 19 Corn closed at $3.74/bushel, up $0.0525 from yesterday's close. Dec 19 Wheat closed at $4.8875/bushel, up $0.0525 from yesterday's close. Nov 19 Soybeans closed at $9/bushel, up $0.0125 from yesterday's close. Dec 19 Soymeal closed at $298.9/short ton, down $2.6 from ye...
Mercosur Regional Analysis
Soybeans Last week was special as China suddenly allowed an unspecified volume of U.S. soybeans to be imported without their recent tariffs. The quota was different than previous ones as it applied to private companies as well as the state-owned COFCO and Sino Grain. China’s p...
Southeast Europe Regional Analysis
Regional News Last week initially saw hot temperatures across Southeast Europe before a slight cooling pattern set in. The early-week heat, combined with this week’s forecast for additional hot, dry weather, will likely hinder late-filling crop yields. The hot, dry weather may reduce soyb...
PM Post - Soyoil Strong into the Close
Note: The Technical Perspectives launch period will be closing soon and your access to these reports will end on Tuesday, 17 September 2019. To continue accessing this information, please let us know by emailing Matt Herrington at mherrington@agrilink.com. THE OPEN Nov beans: ...
Technical Views - Upside is Incomplete
Note: The Technical Perspectives launch period will be closing soon and your access to these reports will end TOMORROW, Tuesday, 17 September 2019. To continue accessing this information, please let us know by emailing Matt Herrington at mherrington@agrilink.com. SPREADS Nov crush trades...
AM Outlook - Sustained Rally Requires Funds Exiting Shorts
Note: The Technical Perspectives launch period will be closing soon and your access to these reports will end TOMORROW, Tuesday, 17 September 2019. To continue accessing this information, please let us know by emailing Matt Herrington at mherrington@agrilink.com. GOOD MORNING, The markets...
Summary of Futures
Dec 19 Corn closed at $3.6875/bushel, up $0.015 from yesterday's close. Dec 19 Wheat closed at $4.835/bushel, down $0.0025 from yesterday's close. Nov 19 Soybeans closed at $8.9875/bushel, up $0.0325 from yesterday's close. Dec 19 Soymeal closed at $301.5/short ton, up $0.2 fr...
Market Commentary
Except for the hog market, the CBOT/CME was quiet for the first day of post-WASDE/post-Chinese purchases trading. Volumes were light as it looks like most of the positions that were going to be exited/flipped were traded yesterday. The markets seem hopeful about continued Chinese soy/pork purch...
Brazil Needs Moisture
The dryness in Brazil’s soybean production areas is worth watching because there is a history to the situation. There are not the La Niña conditions for a larger adverse impact, but Brazilian soybean yields have historically been lowered when spring rains fail to provide enough moi...
PM Post - Chart Signals are not Usually Wrong
THE OPEN Nov beans: 3 higher Dec meal: 1.20 higher Dec soyoil: 7 higher Dec corn: 4 higher Dec wheat: 5 1/2 higher Prices opened higher as expected in what was a somewhat muted and cautious tone considering the solid day of trade yes...
Market Commentary
The CBOT found plenty of support today from the weekend attack in Saudi Arabia that sent crude oil futures sharply higher. Between the support building late last week anyway, the weekend news was sufficient to keep sellers at bay in nearly every commodity except soymeal. Soyoil, biodiesel and e...
WPI Crop Progress and Conditions App (Updated 16 September)
Update for 16 September 2019: Data is updated through USDA's latest report. The app contains a large volume of data, so please be patient while it loads. Also, if you have any feedback about the app, we're always appreciative of thoughtful suggestions! ...
Summary of Futures
Dec 19 Corn closed at $3.74/bushel, up $0.0525 from yesterday's close. Dec 19 Wheat closed at $4.8875/bushel, up $0.0525 from yesterday's close. Nov 19 Soybeans closed at $9/bushel, up $0.0125 from yesterday's close. Dec 19 Soymeal closed at $298.9/short ton, down $2.6 from ye...
Mercosur Regional Analysis
Soybeans Last week was special as China suddenly allowed an unspecified volume of U.S. soybeans to be imported without their recent tariffs. The quota was different than previous ones as it applied to private companies as well as the state-owned COFCO and Sino Grain. China’s p...
Southeast Europe Regional Analysis
Regional News Last week initially saw hot temperatures across Southeast Europe before a slight cooling pattern set in. The early-week heat, combined with this week’s forecast for additional hot, dry weather, will likely hinder late-filling crop yields. The hot, dry weather may reduce soyb...
PM Post - Soyoil Strong into the Close
Note: The Technical Perspectives launch period will be closing soon and your access to these reports will end on Tuesday, 17 September 2019. To continue accessing this information, please let us know by emailing Matt Herrington at mherrington@agrilink.com. THE OPEN Nov beans: ...
Technical Views - Upside is Incomplete
Note: The Technical Perspectives launch period will be closing soon and your access to these reports will end TOMORROW, Tuesday, 17 September 2019. To continue accessing this information, please let us know by emailing Matt Herrington at mherrington@agrilink.com. SPREADS Nov crush trades...
AM Outlook - Sustained Rally Requires Funds Exiting Shorts
Note: The Technical Perspectives launch period will be closing soon and your access to these reports will end TOMORROW, Tuesday, 17 September 2019. To continue accessing this information, please let us know by emailing Matt Herrington at mherrington@agrilink.com. GOOD MORNING, The markets...
Summary of Futures
Dec 19 Corn closed at $3.6875/bushel, up $0.015 from yesterday's close. Dec 19 Wheat closed at $4.835/bushel, down $0.0025 from yesterday's close. Nov 19 Soybeans closed at $8.9875/bushel, up $0.0325 from yesterday's close. Dec 19 Soymeal closed at $301.5/short ton, up $0.2 fr...
Market Commentary
Except for the hog market, the CBOT/CME was quiet for the first day of post-WASDE/post-Chinese purchases trading. Volumes were light as it looks like most of the positions that were going to be exited/flipped were traded yesterday. The markets seem hopeful about continued Chinese soy/pork purch...
Brazil Needs Moisture
The dryness in Brazil’s soybean production areas is worth watching because there is a history to the situation. There are not the La Niña conditions for a larger adverse impact, but Brazilian soybean yields have historically been lowered when spring rains fail to provide enough moi...
PM Post - Chart Signals are not Usually Wrong
THE OPEN Nov beans: 3 higher Dec meal: 1.20 higher Dec soyoil: 7 higher Dec corn: 4 higher Dec wheat: 5 1/2 higher Prices opened higher as expected in what was a somewhat muted and cautious tone considering the solid day of trade yes...