Connect with us
New corn crop trade estimates are slightly higher than expected at 1.682 billion bushels while global inventories are well below the average.
Despite falling short in soybean production, U.S. imports were backed by Argentina. But China stirs an anti-dumping investigation on U.S. grain market.
US soybeans production struggle to keep up with inventories. Despite a drop in numbers, Brazilian and Argentinian production keep soybeans fear at bay.
Poor weather conditions are hampering grains productions across Brazil and Argentina, threating a lower global production.
December is a make-or-break month for the soybean market.
The soybean market has truly been impressive and very hesitant to move lower in the face of such bearish fundamentals.