U.S. grains led by corn fell Wednesday on the CBOT, as traders coped with both Tuesday's WASDE report and new retaliatory ...
SINGAPORE: CBOT March soybeans may rise to $8.89-3/4 per bushel, as suggested by its wave pattern and a retracement analysis. A five-wave cycle from the Jan. 13 high of $9.49-1/2 is over.
Based on the current strong momentum, the wave C may eventually travel to $12.71-3/4. A bounce from the current level may be limited to $13.56-3/4.
SOYBEANS AND BEYOND Most-active CBOT soybeans rose almost 3% in the week ended February 4. Money managers during that week pulled both longs and shorts out of the soybean market, and their net ...
November soybeans are off 14% since the year’s start but are trading 21% lower than on the same date in 2023. Given the lack of a concerning Corn Belt weather forecast and the relatively weak US ...
Soybean meal was the only major CBOT grain or oilseed to notch losses in the week ended Jan 23, falling nearly 3%. Soybeans were up 1%, wheat rose 2.5%, soybean oil rose 2% and corn was up 0.7%.
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