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Below you'll find a list of all posts that have been tagged as “soybeans”
Government data shows that U.S. farmers again exported a record amount of soybeans, shipping 2.6 billion bushels to international buyers in the 2016-17 marketing year. Valued at more than $28 billion, the milestone represented the second year in a row that exports exceeded 60 percent of U.S. soybean production. However, the United Soybean Board warns that record U.S. production is …
Soybean growers across the Southeast are encouraged to learn more about what Asgrow has to offer. Robert Ihrig, regional marketing manager in the Southern U.S., for Monsanto/Asgrow, says they are pleased with the performance of their products in the Southeast. Asgrow Pleased with Southeast Soybean Performance
The latest World Agricultural Supply and Demand Estimates (WASDE) report released Tuesday by the Department of Agriculture predicts lower corn stocks. USDA predicts that about 2.43 billion bushels of corn will be in storage at the end of the 2018 marketing year, down from a previous estimate of 2.48 billion. USDA expects 50 more million bushels of corn will be …
As global demand for soybeans increase, so does the need for soy processing facilities. Reuters points out that U.S. agricultural cooperatives are building new soybean crushing plants at the fastest rate in two decades. That comes as U.S. farmers again are predicted to plant a record number of soybean acres next year. U.S. processors are expected to open plants with …
The U.S. Department of Agriculture released a preview of its long-term planting projections Tuesday. The USDA considers a lot of factors when making the projections, including macroeconomic conditions, GDP growth, and farm policy. An important projection from the early release is the overall number of planted acres. Total planted acres for the eight principal crops and land in the Conservation …
Mexico’s agriculture sanitation authority has revoked Monsanto’s permit to commercialize genetically modified soybeans in seven states, a move Monsanto calls unjustified. Monsanto says in a statement that the permit had been withdrawn on unwarranted legal and technical grounds, according to Reuters. The company said it would take the necessary steps to safeguard its rights and those of farmers using the …
Agriculture Secretary Sonny Perdue today announced the appointment of 19 members and 3 alternate members to serve on the United Soybean Board. The producers appointed to serve three year terms include: Annie Dee, Aliceville, Ala. Robert Stobaugh, Atkins, Ark. Gary Berg, Saint Elmo, Ill. Tom Griffiths, Kendallville, Ind. Thomas E. Oswald, Cleghorn, Iowa Larry K. Marek, Riverside, Iowa Dennis Gruenbacher, …
For four years in a row crop farmers in Illinois, other parts of the nation too, have made more money on soybeans than corn. The numbers are pretty clear and University of Illinois Agricultural Economist Gary Schnitkey lays them out in an online farmdocDaily article. He says, on average, soybeans have been more profitable than corn since 2013. And farmers have responded …
Farmers in the United States have been planting more and more acres to soybeans. There is a simple reason behind this increase. Soybeans have been more profitable than other crops over the last several years. The question now is how many acres will they plant next year. University of Illinois Commodity Markets Specialist Todd Hubbs has been thinking about that …
Soggy cotton and waterlogged peanuts have farmers concerned about crop quality in the wake of Tropical Storm Nate, which brought 35 mph winds and torrential rain to parts of Alabama last week. It’s too early to accurately calculate yield loss from the storm, though farmers like Dallas County’s Wendy Yeager say damage was less than anticipated. “I expected it to …
