John Perkins

Soybeans were higher on fund and technical buying. Soybeans continued to be influenced by the strength in soybean and global vegetable oils, in addition to the bullish crush margins. The USDA's monthly soybean crush numbers are out Friday. The USDA's attaché in Argentina estimates 2024/25 soybean production at 52 million tons, compared to the official […]

The USDA reports another strong month for soybean crush use. 187 million bushels of soybeans were crushed in September, up 9 million on the month and 13 million on the year, with producers encouraged by strong margins and solid demand for soybean products. Crude and once refined soybean oil stocks were lower than expected at […]

Soybeans were mostly modestly lower, pulling the most active months to slight weekly losses. Beans were up early but peeled back in cautious trade with bean oil moving down from its highs. With the U.S. harvest essentially over, all eyes are on planting and development conditions in Argentina and Brazil. The USDA’s updated supply, demand, […]

The USDA says sorghum and soybean export inspections for the week ending October 31st were above what’s needed to meet projections for the current marketing year. The 2024/25 marketing year started June 1st for wheat and September 1st for beans, corn, and sorghum. The USDA’s updated supply, demand, and production report is out Friday, November […]

The end is in sight for the 2024 U.S. corn and soybean harvests. Some areas have seen recent delays, but activity for both crops is well ahead of average due to dry weather for most of the harvest season and the soil moisture recharge is generally welcome. The USDA says that as of Sunday, 91% […]

Dec. corn closed at $4.16 and 1/2, up 2 centsJan. soybeans closed at $9.97 and 1/4, up 3 and 1/2 centsDec. soybean meal closed at $299.60, up $2.30Dec. soybean oil closed at 45.56, down 74 pointsDec. wheat closed at $5.68 and 3/4, up 3/4 centDec. live cattle closed at $185.07, down 85 centsJan. feeder cattle […]

Soybeans were modestly higher on commercial and technical buying. The cash basis is up with harvest nearly over and crush demand continues to be strong. The USDA says 94% of U.S. soybeans are harvested, compared to the five-year average of 85%. The trade is also monitoring planting weather in Argentina and Brazil. Forecasts generally look […]

The Renewable Fuels Association says the September total of 148.5 million gallons was up 5% from August. Canada took the top slot for the 42 nd

Dec. corn closed at $4.18 and 1/2, up 2 centsJan. soybeans closed at $10.01 and 3/4, up 4 and 1/2 centsDec. soybean meal closed at $299.50, down 10 centsDec. soybean oil closed at 44.99, down 57 pointsDec. wheat closed at $5.72 and 1/2, up 3 and 3/4 centsDec. live cattle closed at $184.77, down 30 […]

Soybeans ended a mostly mixed session modestly higher on commercial and technical buying. Soybeans are monitoring the late U.S. harvest, expecting delays in parts of the Midwest and Plains. Still, the soil moisture recharge is generally welcome after a very long dry stretch for much of the region. The trade's also watching planting and development […]