Below you'll find a list of all posts that have been categorized as “Soybeans”
Weather forecasts front and center in the grain trade here at midweek, but U.S. and European weather models disagree going forward. Bottomline grain analysts suggest that commodity fund traders have been looking for any reason to go long in this market, and weather was the reason this week. Now, there’s a catch. European weather models show a hot, dry August …
Average trade estimates show grain analysts expect a lower corn acreage number from USDA today and a slightly higher soybean number. In March, USDA put corn at 95.3 million acres. We expect a number at or just below 95 million today. Planters rolled nearly nonstop, especially in this area, resulting in a few more soybean acres nationwide. We think 85 …
Jamie Beyer, American Soybean Association Executive Committee member and Minnesota Soybean farmer recently testified at the U.S. House Agriculture Committee during a hearing on “Agricultural Perspectives on the Future of the USMCA.” their testimony emphasized the importance of the United States-Mexico-Canada Agreement to U.S soybean farmers. During her testimony Beyer said, “USMCA has provided stability and predictability for U.S. soybean …
The Remarkable Journey of Soybeans in American Agriculture Soybeans are now one of the most important crops in American agriculture, covering millions of acres across the United States and serving as a vital source of food, livestock feed, oil, and industrial products. However, the soybean’s rise to prominence was a gradual process that began with a surprising arrival on American …
Bottom Line grain analysts wonder if the grain trade is getting a little ahead of itself here in early June. Corn, soybean, wheat futures all seeing lower lows on a regular basis. Wheat in fact is lower 10 sessions in a row, even with conditions here at harvest the lowest in 37 years. Harvest pressure is here, combines rolling in …
University Extension agronomists advise soybean producers looking at thin soybean stands not to be in a rush to replant. An Ohio State University survey says thin stands, especially in no-till or minimum-till fields, might look tempting to replant, especially with the first of June approaching, but they suggest doing a stand count first, and if you’re in that 70,000 to …
As growers continue to plant this year’s crops, USDA has released the Crop Planting Progress Report across the country. USDA Meteorologist Brad Rippey provided the update starting with corn. “Looking at our 18 production states listed in the USDA NAS table, we saw progress greater than 20% planted during the week in six of those states, led by North Dakota, a …
The American Soybean Association is responding to the announcement by The Mosaic Company’s plan to scale back domestic phosphate production. American Soybean Association (ASA) President Scott Metzger said, “This unsettling news from Mosaic comes at a time when U.S. soybean farmers are facing major economic headwinds, and neither the skyrocketing cost nor the availability of inputs – like phosphate fertilizer …
The U.S. is highly competitive in agricultural production and the largest agricultural exporter in the world. In 2024, exports were estimated to total $181 billion. Given that the world population is expected to reach nearly $10 billion by 2050, the U.S. is well-positioned to be the source of agricultural products to feed a growing population. Moreover, global gross domestic product is expected to grow …
Weekly planting updates, no surprise showing soybean planting nationwide at a record pace corn planting as expected making good progress. Last week as well up nearly 15% in one week, but we’re keeping an eye on that northern belt weather north of I-90. As spring wheat planting the slowest in three years. We see sorghum planting in that area the slowest in four …
