The Market Drought in Brazil drove soybean prices higher and now rain in Brazil is driving the market lower. If it turns back dry as expected, then pricing will firm. For the week, soybeans lost 7.25 cents, but soymeal gained $1.60 to 436.50/ST. The January contract hit a new high on Wednesday at $460.60/ST. The largest percentage gainer across grain markets for the week was January soyoil, adding 0.66 cents to 51.21-cents/pound. The bullish NOPA crush report was the inspiration.
The CFTC reports that in the week up to 14 November, speculators increased their net long position by 48 percent to 59,077 contracts. USDA Export Sales report reflected the recent surge in Chinese soybean purchases. In fact, weekly U.S. soybean export sa...
A pika (/ˈpaɪkə, ˈpiːkə/ PY-kə, PEE-kə[3][4]) is a small, mountain-dwelling mammal native to Asia and North America. With short limbs, a very round body, an even coat of fur, and no external tail, they resemble their close relative the rabbit, but with short, rounded ears.[5] The large-eared pi...
Lobelia (/loʊˈbiːliə, lə-/[4][5][6]) is a genus of flowering plants in the family Campanulaceae comprising 415 species,[7] with a subcosmopolitan distribution primarily in tropical to warm temperate regions of the world, a few species extending into cooler temperate regions.[8] They are known g...
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