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X @Bloomberg
Bloomberg· 2026-03-09 00:38
Chicago soybean oil prices futures surged more than 4% at the open, as a spike in energy prices driven by the conflict in the Middle East lifts demand for crops used in biofuel production https://t.co/uQAWngYrol ...
Could 2026 Be the Year of Soybeans? | Presented by CME Group
Bloomberg Television· 2026-03-02 21:37
US planting season is approaching. Will 2026 be the year of the soybean. Here are three trends shaping farming decisions.One, each growing season sees an eb and flow in corn and soybean acres. And if 2026 is the year of the soybean, then 25 was the year of corn with 98.8% million acres planted to the crop. It was an 8.7% jump year-over-year, increasing by 7.9% million acres from 24. Only 81.2% million acres of soybeans were planted in 2025, a 7% dip year-over-year, dropping by 6.1% million acres.2026 should ...
X @Bloomberg
Bloomberg· 2026-02-09 05:46
Chicago soybean oil rose to its highest level in more than six months, driven by hopes that India will buy more after proposing to open parts of its agriculture market to cheaper US imports https://t.co/9dl7P0KCEk ...
Soybeans Extending Monday’s Gains to Start Tuesday Trade
Yahoo Finance· 2026-01-06 13:24
Core Insights - Soybean futures are experiencing gains, with nearby contracts up by 4 to 5 cents and closing up 15 to 18 cents as traders return from holiday markets [1] - China has purchased 10 cargoes of US soybeans for shipment between March and May [2] - Export inspections show soybean shipments at 980,518 MT for the week ending on New Year's Day, a 24.3% increase from the previous week but a 26.7% decrease year-over-year [3] - Export sales for the week ending December 25 were reported at 1.178 MMT, exceeding previous week figures and more than double the same week last year [4] - Speculative traders have reduced their net long positions in soybean futures by 25,841 contracts, bringing the total to 84,562 contracts [5] Group 1: Market Performance - Soybean futures are up, with January 26 closing at $10.47 1/4, March 26 at $10.62, and May 26 at $10.74 1/4, all showing increases [5] - The national average cash bean price rose by 17 1/4 cents to $9.87 1/4 [1] Group 2: Export Activity - China remains the top destination for soybean exports, receiving 397,069 MT, followed by Egypt with 182,553 MT and Taiwan with 74,996 MT [3] - Marketing year shipments have totaled 16.4 MMT, reflecting a 45.3% year-over-year decline [3] Group 3: Speculative Trading - CFTC data indicates a reduction in net long positions among spec traders, suggesting a shift in market sentiment [5]
X @Bloomberg
Bloomberg· 2025-12-16 05:32
Palm oil fell below 4,000 ringgit a ton, touching its lowest level in three weeks, as it tracked weakness in soybean oil and faced pressure from dull exports out of Malaysia https://t.co/y25Hc9aNjI ...
X @Bloomberg
Bloomberg· 2025-11-24 05:08
Palm oil prices climbed after two sessions of decline, on the back of a rise in rival soybean oil https://t.co/2JQAzByP8S ...
X @Bloomberg
Bloomberg· 2025-11-20 05:15
Palm oil snapped a five-day rally and the longest streak of gains in more than five months on weak demand and losses in rival soybean oil https://t.co/pycj4JKyua ...
X @Bloomberg
Bloomberg· 2025-09-23 04:54
Palm oil heads for its biggest one-day drop since March as prices of rival soybean oil slipped after Argentina temporarily scrapped export tariffs on all of its crop cargoes https://t.co/hmbKGH15AZ ...