Soybeans slide to three-year low on improved weather outlook

seekingalpha07-30

Soybean prices fell to a fresh three-year low Monday, as the forecast for near-normal rains across the Midwest in the next two weeks provided further evidence that the U.S. is poised for a bumper ...

Source Link

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/2455647948?lang=en_US&edition=fundamental","thumbnail":"https://static.seekingalpha.com/cdn/s3/uploads/getty_images/184878412/image_184878412.jpg","is_english":true,"pubTime":"2024-07-30 05:25","share_image_url":"https://static.laohu8.com/5a36db9d73b4222bc376d24ccc48c8a4","id":"2455647948","market":"sg","top_or_hot":-1,"title":"Soybeans slide to three-year low on improved weather outlook","media":"seekingalpha","content":"<div>\n<p>Soybean prices fell to a fresh three-year low Monday, as the forecast for near-normal rains across the Midwest in the next two weeks provided further evidence that the U.S. is poised for a bumper ...</p>\n\n<a href=\"https://seekingalpha.com/news/4129821-soybeans-slide-to-three-year-low-on-improved-weather-outlook\">Source Link</a>\n\n</div>\n","source":"seekingalpha","html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Soybeans slide to three-year low on improved weather outlook</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nSoybeans slide to three-year low on improved weather outlook\n</h2>\n\n<h4 class=\"meta\">\n\n\n2024-07-30 05:25 GMT+8&nbsp;&nbsp;&nbsp;<a href=https://seekingalpha.com/news/4129821-soybeans-slide-to-three-year-low-on-improved-weather-outlook><strong>seekingalpha</strong></a>\n\n\n</h4>\n\n</header>\n<article>\n<div>\n<p>Soybean prices fell to a fresh three-year low Monday, as the forecast for near-normal rains across the Midwest in the next two weeks provided further evidence that the U.S. is poised for a bumper ...</p>\n\n<a href=\"https://seekingalpha.com/news/4129821-soybeans-slide-to-three-year-low-on-improved-weather-outlook\">Source Link</a>\n\n</div>\n\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"MOO","symbol_name":"农业指数ETF-Market Vectors","start_time":0,"source_url":"https://seekingalpha.com/news/4129821-soybeans-slide-to-three-year-low-on-improved-weather-outlook","article_id":"2455647948","we_media_id":null,"thumbnails":["https://static.seekingalpha.com/cdn/s3/uploads/getty_images/184878412/image_184878412.jpg"],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2455647948","pubTimestamp":1722288334,"sourceInfo":{"source_id":"seekingalpha","name":"Seeking Alpha"},"weMediaInfo":null,"summary":"Soybean prices fell to a fresh three-year low Monday, as the forecast for near-normal rains across the Midwest in the next two weeks provided further evidence that the U.S. is poised for a bumper harvest. Meanwhile, export sales of the incoming production have been slow, prompting concerns about demand. Soybeans  for September delivery on the Chicago Board of Trade closed -0.8% to $10.40 3/4 per bushel, after plunging as much as 2.9% to $10.18, the lowest since October 2020 for a most-active contract. Meanwhile, CBOT September wheat  settled +1.3% to $5.30 per bushel, rebounding from its Friday close at $5.24, the lowest level in roughly four years, and corn  for December delivery ended +0.7% to $4.13 per bushel. ETFs: , , , ,  Stronger than expected rainfall over the weekend pulled CBOT grains lower early, with forecasts showing hot and dry conditions turning milder, Dow Jones reported. The National Oceanic and Atmospheric Administration's latest outlook for weather through early Augu","collect":0,"end_time":0,"defaultTopTitle":"seekingalpha.com","property":[],"viewcount":null,"language":"en","relate_stocks":{"MOO":"农业指数ETF-Market Vectors","DBA":"农业指数ETF-PowerShares DB"},"translate_title":"由于天气前景改善，大豆跌至三年低点","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"DBA":1,"MOO":1},"content_text":"Soybean prices fell to a fresh three-year low Monday, as the forecast for near-normal rains across the Midwest in the next two weeks provided further evidence that the U.S. is poised for a bumper harvest. Meanwhile, export sales of the incoming production have been slow, prompting concerns about demand. Soybeans (S_1:COM) for September delivery on the Chicago Board of Trade closed -0.8% to $10.40 3/4 per bushel, after plunging as much as 2.9% to $10.18, the lowest since October 2020 for a most-active contract. Meanwhile, CBOT September wheat (W_1:COM) settled +1.3% to $5.30 per bushel, rebounding from its Friday close at $5.24, the lowest level in roughly four years, and corn (C_1:COM) for December delivery ended +0.7% to $4.13 per bushel. ETFs: (NYSEARCA:SOYB), (NYSEARCA:WEAT), (NYSEARCA:CORN), (DBA), (MOO) Stronger than expected rainfall over the weekend pulled CBOT grains lower early, with forecasts showing hot and dry conditions turning milder, Dow Jones reported. The National Oceanic and Atmospheric Administration's latest outlook for weather through early August turned less adverse for the Corn Belt, although focus on the better forecast faded through afternoon trading.","kind":null,"is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"symbols":[],"gpt_button":1},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":0,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.26.4","shortVersion":"4.26.4","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/2455647948"}