With strong demand fundamentals the corn market may be able to continue to march higher. Vince Boddicker with Farmers Trading Company says he's not ruling out $5 corn but it will take several factors ...
DuWayne Bosse, Bolt Marketing, says corn scored a new six month high close for the move on dryness in the extended forecast in Argentina and funds adding to their long position.
The soybean market closed out the Thursday session with contracts up 12 ¼ to 17 ½ cents across the board. CmdtyView’s national front month Cash Bean price was 13 cents at $9.37.
The soybean market closed out the Thursday session with contracts up 12 ¼ to 17 ½ cents across the board. CmdtyView’s national front month Cash Bean price was 13 cents at $9.37.
The global soybean market is set to be well supplied through 2025, which should continue to cap prices. The potential for escalation in trade tensions is a bearish risk hanging over the market.
In its latest weekly report, the USDA said soybean export sales totaled 1.1 million metric tons across the 2024/25 and 2025/26 marketing years. That's below analyst forecasts of sales between 1.37 ...