China continues to purchase U.S. soybeans with a more than one million metric ton buy on Friday, and another 600,000 metric ton purchase reported Monday. Following a round of trade talks last week, China pledged to purchase another five million metric tons of U.S. soybeans. Friday’s purchases by state-owned firms were believed to be destined for China’s state reserves, and …
Despite Trade Turmoil, U.S. Soybean Exports Set Record
The United States exported a record-breaking 2.6 billion bushels of U.S. soy and soy products, valued at more than $28 billion last market year, ending in September. The U.S. also set a record high in combined volume of the whole soybeans, soybean meal and soybean oil exported in 2017/2018, with soybean meal exports accounting for the greatest growth. The records …
Farm Futures Survey Shows Planting Intentions
A survey by Farm Futures finds growers said they want to boost corn and cotton acreage, while cutting back on crops affected by China’s import tariffs on soybeans and sorghum. Farm Futures surveyed 626 farmers in December and January and reported soybean planting intentions of 84.6 million acres, down 5.5 percent from 2018, but more than the 82.5 million projected …
The Answer is A with Pioneer Soybeans
A-Series is the highest yielding line of soybeans ever developed by Pioneer. Category Leader for Soybeans, Pat Arthur, encourages growers to learn more about Pioneer’s newest class of soybeans. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Bayer Pleased with Dicamba Registration Extension
It was announced last November that the U.S. Environmental Protection Agency (EPA) was extending the registration of Dicamba for two years for “over-the-top” use to control weeds in fields for cotton and soybean plants genetically engineered to resist Dicamba. Bayer North American Dicamba Portfolio Leader, Ryan Rubischko, says this gives farmers the opportunity to continue using this technology. Learn more about mandatory Dicamba …
MFP Payments Being Issued
Commodity producers are now eligible to receive Market Facilitation Payments (MFP) on the second half of their 2018 production. Tyron Spearman has the details. Sponsored ContentCIR Agriculture Harvester ProductsNovember 1, 2024Nuseed Carinata Covers New GroundOctober 1, 2024TriEst Ag Group: Partners in ProfitabilityApril 1, 2024
Farmers Optimistic as China Buys U.S. Soybeans
Alabama soybean farmers are optimistic in light of China’s Dec. 12 purchase of U.S. soybeans, the nation’s first substantial U.S. agricultural purchase following a trade truce struck earlier this month. China’s haul of over 1.5 million tons of soybeans is valued at more than $500 million. In 2017, China bought 60 percent of U.S. soybeans — worth $12.25 billion — …
U.S.-China Take Step to Resolve Trade Differences
News of progress in resolving a U.S.-Chinese trade dispute has several in the ag sector expressing levels of optimism. Rod Bain has the story. U.S.-China Take Step to Resolve Trade Differences Source for below: American Soybean Association Soybean Growers Relieved to Hear Positive Trade News from G20 The American Soybean Association (ASA) was pleased to hear positive reports from the …
Corn Plantings to Overtake Soybeans in 2019
An analysis of USDA data says corn will take over the top spot from soybeans in planted acres during the next growing season. The Hagstrom Report says it is a reaction to market conditions created by President Donald Trump’s tariffs on Chinese imports. The data shows corn plantings will likely exceed soybeans by nine to 10 million acres between 2019 …
Tariffs to Change U.S. Crop Plantings
The trade war between the U.S. and China is likely to shift U.S. soybean plantings to corn. For the first time in three decades, U.S. farmers planted more soybeans than corn in 2018. However, that’s likely to reverse again due to tariffs on U.S. soybeans from the ongoing trade war between the U.S. and China. Dow Jones Business and Financial …