Gold Ten Futures, December 2, according to foreign media reports, the week ended November 29, 2024, global oilseed prices rose and fell, of which CBOT soybeans rebounded from the previous week's near four-year low, as U.S. soybean export sales hit a new annual high and Chinese buyers continued to purchase U.S. soybeans. However, U.S. President-elect Trump threatened to impose tariffs on trading partners, the outlook for U.S. biofuel policy is uncertain, and the overall good weather in South Amer...
American Oilseed Processors Association (NOPA): U.S. soybean oil inventories in October 2024 are 1.069 billion pounds, market expectations are 1.09 billion pounds, September data is 1.066 billion pounds; soybean crushing in October 2024 is 199.959 million bushels, market expectations are 196.843 million bushels, September data is 177.32 million bushels, October 2023 data is 189.774 million bushels.
Gold Ten Futures, October 28, according to foreign media reports, the week ended October 25, 2024, global oilseed prices rose strongly, reversing the previous three consecutive weeks of decline, mainly due to the US election and the new government's trade policy uncertainty, prompting buyers to purchase defensively, exporters shipped ahead of schedule led to a surge in export business, boosting the US Gulf soybean export base to a more than one-year high. However, these election-related surges i...
Gold Ten Futures, October 22nd, according to foreign media reports, CME Group (CME Group) issued a notice on Monday that starting from November 1st, it will reset the CBOT grain and oilseed futures price limit. CBOT soybean futures daily price limit will be narrowed from the current 85 cents per bushel to 70 cents; CBOT soybean oil futures daily price limit will be narrowed from the current 3.5 cents per pound to 3.0 cents; CBOT soybean meal futures daily price limit will be narrowed from the cu...
American Oilseed Processors Association (NOPA): U.S. soybean oil inventories in July 2024 are 1.499 billion pounds, market expectations are 1.608 billion pounds, June data is 1.622 billion pounds, July 2023 data is 1.527 billion pounds; July 2024 soybean crush is 182.881 million bushels, market expectations are 182.367 million bushels, June data is 175.60 million bushels, July 2023 data is 173.303 million bushels.
Market news: The Argentine government has ordered oilseed workers to suspend their strike for 15 days.
Gold Ten Futures July 1 news, as of June 28, 2024, the week of global oilseed prices ended the last week of the first half of the market with each other rising and falling. Among them, Chicago soybean futures are hovering at the lowest level in nearly four years, as US soybean inventories are higher than expected, offsetting the bullish support of unexpected downgrades in soybean planting area. Although the US soybean rating has been downgraded continuously recently, it is still the best level i...