Soybeans for March delivery rose 1.6%, to $9.97 1/4 a bushel, on the Chicago Board of Trade on Thursday, as Brazil is about to start harvesting amid expectations of higher export volume.
As a result, US soybean production is estimated to increase by 7% YoY to 4.46b bushels (121mt), which as a result also saw ending stocks surging higher. Through the peak of the US harvest ...
The company also shared hedge data regarding the 2024/25 soybeans harvest, at relatively challenging BRL exchange rates, considering the latest depreciation of that currency. I haven't written ...
Generally, harvest weather was favorable, but soybean dry down was not as early as previous years due to a wet first half of September. Strong wheat prices prompted many farmers to plant wheat ...