Category Archives: Soybeans

Position Updates

It’s been a busy few weeks in commodities with an increase in volatility leading to some good opportunities. Headed in to the long weekend, we saw a bit of covering, however I’m reasonably happy with the bulk of my positions. I’m just going to summarize some of my longer time frame trades. Soybeans We saw… Read More »

TRADE EXIT – Soy/Corn

My Soybean – Corn spread has opened the week with a little bit of strength and I’m going to take it off. The soybean contract is due to expire soon and I need to be out by Wednesday, so I’ll exit now on a bit of strength. Overall I’m really happy with this trade. I… Read More »

TRADE – Soy complex

Regardless of what the fundamentals are saying there seems to be a little bit of strength coming into soybeans in recent days. I’m already in a soy/corn spread and another soybean calender  spread. For that reason I’m hesitant to get to overexposed here – especially given the abundant supply. However soymeal has really found support… Read More »

Mixed soybean trade

Soybeans had a positive lead overnight heading into the US session. But from there is was a wild ride. NOPA crush numbers on the surface appeared bullish for soybeans however there still seems to be daily reports on just how big the South American crop is and that continues to weigh. My May 15 Soybean… Read More »

TRADE – Soybeans/Corn

I’ve been watching the May 15 Soybeans – Corn spread closely over the last couple of weeks, looking for any kind of strength in soybeans. Overnight we started to get some strength on the back of China and I decided to finally get long here a touch below 580. We got some follow through during… Read More »

Can plantings push soybeans lower still?

I read an interesting report over the weekend that quantified the results from the recent prospective planting report. We already know that should expectations be met for soybeans, then we’d likely see very high ending stocks at seasons end by historical standards. However what was interesting was that should yields be only average then we’d… Read More »

Is there a turn around in the grains ahead?

On Thursday we saw some interesting numbers that in many ways confirmed the recent trends in the grain markets. Historically we get a rally in soybeans and some weakness in corn this time of year. However soybeans are fundamentally weak right now on the back of large supply both in the US and internationally. While… Read More »

Are Soybeans headed to $10?

Fundamentals continue to be strong with solid yield forecasts and large planted acres. Some weather uncertainty creeping into the market. The current bounce looks to be a combination of both technical and weather driven. A period of seasonality approaching that has historically  pushed the market lower. Still more room for managed money to continue to… Read More »

Still more downside in Soybeans?

We again saw some weakness come back into soybeans in today’s trade. Even against the backdrop of positive export sales soybeans still found their way lower. There has been a bounce recently but that appears to just be a bump in the road for now. More specifically: Fundamentals continue to be strong with solid yield… Read More »