WASDE

Soybeans and soybean oil are still the most bullish markets at the CBOT for 2021 and 2022.

Jan WASDE is bullish across the board

Ain’t no party like a soybean party, ’cause a soybean party don’t stop

Big rally in the CBOT as soybeans approach $13

Merry Christmas!

Goldman Sachs is calling for a long lasting commodity bull market that will benefit energy, metals, and agriculture.  We are bullish on corn, the soybean complex, and winter wheat. The US will be issuing more debt for stimulus in the aftermath of the coronavirus shutdowns the the rest of the world’s central banks and governments will most likely follow suit.  Ag and the rest of the commodity markets look bright for 2021.

Soybean Oil closed above the 2016 highs as all global vegetable markets surge higher

Soybean Oil closed above the 2016 highs as all global vegetable markets surge higher

The USDA’s November 2020 WASDE was bullish for corn and soybeans. Corn will be supported at $4 and soybeans at $10

2021 Wheat, Corn, and Soybean Acres will be the largest we’ve seen in years