Exports: Both corn and soybeans tumble
Optional Origin Sales: For MY 2013/2014, outstanding optional origin sales total 130,000 MT, all China.
Soybean futures rallied on Wednesday, reflecting trader expectation about Chinese actions after they canceled a large number of Brazilian orders earlier this week due to its logistical problems and resulting delays. The futures rally continued into Thursday morning on anticipation of Chinese demand for U.S. soybeans. May soybeans surged 9.25 cents to $14.29/bushel early Thursday morning, while May soyoil climbed 0.39 cents to 50.23 cents/pound, while May meal moved up $1.6 to $415.4/ton.
- Export data, equity gains boost crop futures Thursday morning
- Rust detected in Ark. soybeans, but won’t affect current crop
- Select soybean varieties with genetic disease resistance
- Landmark Services Cooperative, Curry Seeds sign agreement
- Bullish outlook for feed grains, global food trade
- Try to apply fall herbicide treatments before December
- How much corn can the ethanol industry use?
- Economist: Taxing P could reduce risk of algal blooms
- Commentary: Government wants farmers to quit farming
- Ag markets made a generally mixed showing Thursday night
- What is the relationship between maturity group, yield?
- Commentary: Ambulance-chaser lawyers take on Syngenta