Pillars of the columns carry the bills of the atom and soybeans are fixed, while commercial conversations are waiting for clarity: Brown

Written by Karen Brown

Naberfille, Illinois (Reuters) – The speculators were detained on the biopsy in Chicago and soybeans last week, hoping that the US talks will advance with trading partners, stimulating US grain exports.

American farmers have started an effective start in spring cultivation and crops in South America who have good horizons, none of them supporting prices in particular.

But the uncertainty in the market is still high enough as nothing has yet emerged on the trade negotiation front in the United States.

Money managers have occupied a long site for futures and options since November. In the week ending April 22, they reduced this position to 112,805 contracts from 124,573 in the previous week.

This step was interesting because it included the largest weekly addition to the total short positions in six months. However, a large number of total length also entered the image, indicating mixed feeling.

Both tall and short pants were also added in soybeans, but the bulls had the edge. Money managers have increased their net in CBOT soybeans by about 5,000 contracts to 31,067 future contracts and options.

CBOT JULY SoYBEAN futures did not change in the week that ended on April 22. They rose by 1.3 % during the last three sessions, on Friday, reaching the highest price of the contract since early February.

American soybeans can be one of the most important victims of a trade war in the United States of China because they are pioneers in the American export to China of any kind. The Battle of the Rising History of the two countries is considered to be a potential favorable for the soybean market because very sharp prices may force the deal sooner and not later.

However, on Friday, Beijing refused that the talks were actively taking place against the claims of the United States.

Meanwhile, reports were distributed on Thursday that Brazil will export more soybeans to China in 2025 amid the conflict between the United States and China. But Brazil recently won a record crop in soy, which means that this is likely to happen in any case, a commercial war.

The bulls of corn and soybeans obtained a gesture last week from Japan, which may consider increasing US corn and soybeans as part of commercial negotiations. Japan is the second largest American atom and the fifth largest importer of US soybeans.

Soy products and wheat

Money managers per week on April 22 increased their net in CBOT soy oil by about 10,000 contracts to 50,899 futures and options.

The uncertainty about the policy of biological fuel in the United States has caused the investor’s feelings to rise to land several times in the past few months, although the demand for global health oil in soybeans and strong US exports was recently supportive.