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Below you'll find a list of all posts that have been tagged as “soybeans”
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 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 …
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 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 …
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 …
On Friday, the U.S. Department of Agriculture released reports that included World Ag Supply and Demand and 2017 Crop Production figures. The agency said American farmers posted an average of 176.6 bushel per acre after the 2017 corn harvest, bringing in a total of 14.604 billion bushels. The soybean harvest brought in 4.329 billion bushels, with an average yield of …
Winter Wheat Seedings and Grain Stocks also reported Across the Midwest, a lack of extreme heat helped boost the nation’s corn yield to its highest level on record – slightly above 2016. The nation’s soybean yield was down 6 percent from 2016, but production reached a record level due to record high acreage, according to the Crop Production 2017 Summary …
U.S. grain prices and crop demand for 2017-2018 will likely show no major changes, according to Dr. Keith Coble, former chief economist for Senate Agriculture Committee Republicans and the head of the Agricultural Economics Department at Mississippi State University. Coble spoke to workshop attendees during the American Farm Bureau Federation’s 2018 Annual Convention & IDEAg Trade Show about global crop …
Farmers in the United States have been slowly switching their cropland to just two field crops. Corn is king in the United States. Soybeans have been on a swift move upward. And wheat acreage has been on the decline for about 40 years. About half-way through those four decades two important things happened. Congress passed the 1996 farm bill – …
U.S. soybean exports will undergo a new procedure to meet new phytosanitary requirements for shipping to China, starting on January first. A Bloomberg report discussed the new rules for American soybean shipments. The U.S. Animal and Plant Health Inspection Service says the new procedure applies to both bulk and container shipments of raw and unprocessed American soybeans to China. APHIS …
