usda

USDA Releases 2018 Planting Estimates

Dan Corn, Cotton, Field Crops, Industry News Release, Soybeans

While some planters are already working in Texas, the Corn Belt seems a long way away from planting because of snow and ice. However, the USDA is already thinking about planting. During the Agricultural Outlook Forum in Arlington, Virginia, the U.S. Department of Agriculture released its acreage estimates for 2018. The USDA says corn and soybean acres will be split, …

asa

ASA Hires Ryan Findlay as Chief Executive Officer

Dan Industry News Release, Soybeans

The American Soybean Association announced the selection of Ryan Findlay as its new Chief Executive Officer.  Findlay replaces Stephen Censky, who left ASA in October of 2017 after confirmation by the U.S. Senate as Deputy Secretary of Agriculture. “ASA is extremely pleased to have found someone of Ryan’s caliber and experience to lead us into our next chapter as a …

wasde report

USDA February WASDE Report

Dan Corn, Industry News Release, Soybeans, Wheat

The latest monthly World Agriculture Supply and Demand Estimates (WASDE) report from the Department of Agriculture shows lower estimated soybean exports for the 2017-18 crop year. USDA lowered soybean exports by 60 million bushels to 2.1 billion bushels. The U.S. season-average soybean price range for 2017/18 is projected at $8.90 to $9.70 per bushel, unchanged from the previous report. USDA …

cme group

CME Group Mulling Changes to Corn and Soy Contracts

Dan Corn, Industry News Release, Soybeans

CME Group is mulling potential changes to corn and soybean markets to address concerns the contracts’ prices are not accurately reflecting the underlying U.S. cash grain markets. Reuters reports that CME Group says it is “only in listening mode,” and that no changes are permanent. CME Group has been talking with customers about potential adjustments, as the discussions signal a …

ice

Ice Blockage In Major Waterways Slowing Grain Shipments

Dan Exports/Imports, Industry News Release, Soybeans, Wheat

The brutally cold arctic air that’s covered the U.S. at different times this winter has caused an unusually high buildup of ice in some of the nation’s waterways. Portions of the Mississippi, Illinois, and Ohio Rivers that are open year-round have become smaller, or closed entirely, due to ice buildup. Mike Steenhoek of the Soy Transportation Coalition says it’s impacting …

farm futures

Farm Futures Releases 2018 Planting Intentions Survey Results

Dan Corn, Cotton, Industry News Release, Soybeans, Wheat

Farm Futures magazine recently released its survey of 2018 planting intentions, which shows that farmers aren’t quite ready to make major changes to their crop rotations. However, they are going to plant more of what paid best in 2017. For the first time since 1983, farmers want to plant more soybeans than corn. Back then, the government’s PIK program idled …

foliar

Foliar Field Enhancements for Soybeans

Dan Industry News Release, Research, Soybeans

Dr. Jim Dunphy, Soybean Extension Specialist with North Carolina State University, spoke at last week’s NC Commodities Conference, sharing his findings on Foliar Field Enhancement research covering the last several years. He says what he DIDN’T find may have been more important than what he DID find. Findings Dunphy is looking forward to learning the importance of uniform emergence on …