Soybeans post a new high-close. Vegetable oils are leaders. May 27, 2022
We didn't expect to this week's 27 cent gain for July or 22 1/14 cent gain for November. July ended on Friday with both new uptrend highs and also a new high-close. November came within 3 1/4 cents of its spike high in February. It's close was the second best of the uptrend. Palm and heating oil (diesel) ended higher for the week. Russia will keep its current ban on sunflower seed exports. Shown by basis appreciation, US crushers are finding demand for their product. The trade questions final North Dakota plantings.
Please login to your premium subscription to view this content in its entirety.
Post Archives
Allendale Insider
Allendale Insider
On The Go
-
Cattle futures expect another gain for cash this week.
June 6, 2023
-
Corn and soybeans add premium, but cautiously
June 6, 2023
-
Corn and soybeans add premium, but only cautiously.
June 6, 2023
-
Cattle hope for a second week of wins.
June 5, 2023
-
Condition Ratings Come In Weaker Than Expected
June 5, 2023
On The Go
June 6, 2023
June 6, 2023
June 6, 2023
June 5, 2023
June 5, 2023
Market Movers
-
Crop Progress Gives Grains a Lift
June 6, 2023
-
Grains See Improved Weather Conditions Ahead
June 5, 2023
-
Exports Expected Poor, Grains Move to a Range
June 2, 2023
-
Overnight Trade Puts Beans and Wheat in the Middle of Last Week’s Trade
June 1, 2023
-
Macro Selling Seen, Rain Coverage Increases
May 31, 2023
Market Movers
June 6, 2023
June 5, 2023
June 2, 2023
June 1, 2023
May 31, 2023
Snapshots
Snapshots