Tag: soybean

India’s 2019 soybean output could drop 18pc on excessive rain-trade body

Lower production could force the world's biggest edible oil importer to raise overseas buying of palm oil. The biggest producer of soybeans in the...

CBOT soybeans to rise to $9.32-3/4

The resistance is identified as the 50pc projection level of a wave (C) from $8.51. This wave is capable of travelling into a wide...

CBOT soybeans poised to rise towards $10.21-1/2 per bushel in Q4

The resistance is identified as the 161.8pc projection level of a downtrend from $16.30, based on the fall from the September 2012, high of...

Subdued soybean market weighs Chinese buying against trade tensions

Chicago wheat ticked lower, with traders watching a tender by Egypt for an update on international competition. China has made large purchases of US...

Soybeans stable, corn and wheat fall on positive US crop

The weekly crop progress report from the US Department of Agriculture (USDA) after the market close on Monday said 57pc of US corn crops...

Soy to one-month top as fresh sales to China fuel trade optimism

CHICAGO: US soybean futures jumped to a one-month high on Thursday on news of fresh export sales to China and signs of a thaw in...

Soybeans ease ahead of USDA data on good US crop weather

CHICAGO: US soybean futures retreated on Wednesday ahead of an eagerly awaited US government crop report, pressured by forecasts for favourable Midwest crop weather and...

Brazil’s new soybean crop seen reaching record above 121mn tonnes

SAO PAULO: Planting of Brazil's new soybean crop is about to start in most producing regions and output is expected to increase by 5.5pc compared...

Soybeans sag on US demand worries; wheat and corn higher

CHICAGO: US soybean futures fell nearly 2pc on Thursday on concerns about burdensome supplies and weak export demand as the US trade war with China...

CBOT soy ends mixed; nearby contracts sag, following corn and wheat

CHICAGO: Chicago Board of Trade soybean futures closed narrowly mixed on Tuesday, with nearby contracts pressured by spillover weakness from declines in corn and wheat,...