Soybean Analysis Using Fibonacci and W.D. Gann Techniques
Soybean Market Update Soybean analysis using Fibonacci and WD Gann (ZSX25) November Since last week, The day after, prices dipped below the 38.2% Fibonacci level at 1020.00, pushing the short-term trend back into negative territory. This level is crucial for this week since all closes were beneath short-term targets and the key Gann square at […]
Bessent: U.S. responded to soybean farmers’ concerns about China
U.S. Soybean Exports to China Discussed in Malaysia Treasury Secretary Scott Bessent mentioned on Sunday that discussions about U.S. soybean exports to China occurred during talks between the two nations in Malaysia. “I think we managed to address some of the worries farmers had,” Bessent stated during an interview with Martha Raddatz regarding a meeting […]
China’s trade halt pressures US soybean farmers as expenses rise
Illinois Soybean Farmers Face Tough Season Farmers in southern Illinois are reporting that soybean profits have dipped below break-even levels this year, primarily due to drought conditions, soaring expenses, and a trade standoff with China. Across the Midwest, soybean farmers are preparing for another challenging year amid escalating trade tensions that have severely impacted their […]
Corn and Soybean Futures Decline but Basis Strengthens: Is China Making Purchases?
Grain and Livestock Market Update On Thursday, grain futures and hog futures declined, while cattle prices saw an increase. Grain Futures Face Resistance According to Dave Chatterton from Strategic Farm Marketing, corn, soybeans, and wheat all experienced a drop after reaching significant chart resistance. “It seems you can’t get $4.25 for corn, $10.30 for soybeans, […]
Soybean farmers experience financial pressure as China stops buying from the US.
U.S. Secretary of Agriculture Brooke Rollins discussed on Morning with Malia how the immigration policies and tariffs of President Donald Trump are affecting American farmers. Currently, soybean producers are facing significant challenges in the form of a trade dispute with China. They are losing access to the largest soybean market globally, and this could have […]
Grassley expresses concern for soybean farmers and Argentina’s financial aid
Grassley Critiques U.S. Support for Argentina Over Farmers Senator Chuck Grassley (R-Iowa) spoke out on Thursday regarding the overshadowing concerns of American farmers, particularly in light of Argentina’s rising soy production. He criticized the Trump administration for easing economic pressures on Argentina during this time. Recently, Argentina lifted its 26% export tax on soybeans, which […]
Soybean futures continue to decline due to good weather in the US and low demand
Chicago Soy Futures Decline for Fourth Straight Day Chicago’s soy futures dropped for the fourth consecutive session on Wednesday, primarily due to favorable weather conditions and a decrease in export demand in the US Midwest, according to analysts. Alongside soy, wheat futures also showed signs of weakness, while corn futures experienced an increase. Cool temperatures […]
Soybean exports from the US could drop by 20% if a trade agreement with China isn’t reached, AgResource warns.
If unresolved, trade disputes between the US and China could lead to a significant 20% reduction in US soybean exports and a sharp decline in prices for farmers, according to insights from agribusiness consultant Agrace on Wednesday. A recent temporary pause in the US-China trade conflict, announced on Monday, may temporarily boost soybean sales in […]
Column-Funds hold bullish corn and soybean bets steady as trade talks await clarity: Braun – Yahoo Finance
By Karen Brown NAPERVILLE, Illinois (Reuters) – Speculators are hoping last week that they will make a bullish bet on Chicago’s corn and soybeans, and hope that discussions with US trading partners will advance and could stimulate US grain exports. American farmers have an efficient start with spring planting, and South American crops have good […]