Tagged: futures

The News & What it Means – Expected Drop in Soybean Acres Was Always Going to Happen

By John DePutter & Dave Milne – February 19, 2019
The news:

“After becoming the hot new crop in parts of Canada’s prairies, soybeans are starting to lose their appeal as Donald Trump’s trade war with China drives down prices.”

– Bloomberg, Feb. 16, 2019

The News & What it Means – Quiet for Now but Market Attention to Soon Turn to South America

By John DePutter & Dave Milne – Oct. 16, 2018

 

The news:

“Brazilian farmers are planting the new soy crop at a record pace, reaching 20 percent of the projected area by Thursday, consultancy AgRural said on Monday.”
-Reuters, Oct. 15, 2018

 

What it means:

The impact on Chicago soybean futures may be negligible or even non-existent for now, but don’t go to sleep on it – Brazil is a major market factor.