Articles tagged under: soybean

Excess Capacity Forecast for U.S. Soybean Crush

Published December 11, 2018

The U.S. soybean processing industry is going through its biggest expansion phase in 20 years. That includes a new soybean processing plant in Aberdeen that will start production with the 2019 crop. Depending on the availability of funding, a plant…
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Crush Margins Vary by Crop

Published December 7, 2018

The processing and food ingredients portion of the CHS portfolio saw mixed results this past year. According to CHS Executive Vice President Darin Hunhoff, it has been a good year for the soybean processing business. "The soy crush margins have…
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Look for Action, Not Rhetoric

Published December 3, 2018

While China has apparently agreed to purchase U.S. agricultural commodities, details are scarce. Advance Trading Risk Management Advisor Tommy Grisafi is not impressed. "When they say China is going to buy a significant amount of grain, if they bought a…
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Reflecting on the ’18 Soybean Harvest

Published November 30, 2018

Colfax, North Dakota farmer Jay Myers is done with soybean harvest. Myers says it was a challenge to get the crop out of the field at the right moisture this year. "We did a lot of switching back and forth…
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U.S. Soybean Shipments to China Down 97 Percent

Published October 25, 2018

According to a report put together by the American Farm Bureau Federation, U.S. soybean exports to China are down dramatically. For the first seven weeks of the new marketing year, the U.S. shipped 7.4 million bushels of soybeans to China.…
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Take Special Care to Manage Soybean Storage

Published October 15, 2018

Storing soybeans in the grain bin takes more management than corn, especially if the moisture content is higher. As farmers move through winter, NDSU Extension agricultural engineer Ken Hellevang reminds them to monitor the condition of stored soybeans. “I use…
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A Different Marketing Year Ahead for Soybeans

Published October 4, 2018

Marketing a crop like soybeans will be different for farmers this year. Northland Community and Technical College Farm Business Management Instructor Betsy Jensen says one of the things that makes this year so unusual is the carrying charge, the premium…
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Regional Basis Levels Widen

Published October 2, 2018

While the national average corn basis remained unchanged at 44 cents under the December Futures contract, regional basis widened at a few locations to as much as 75 to 90 cents under the December contract. Corn basis at six local…
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A Billion Dollar Bean Buy

Published September 28, 2018

A Taiwanese trade delegation made a stop in the Twin Cities Thursday and signed a letter of intent to purchase more than a billion dollars of soybeans from farmers in Minnesota and Iowa. The group pledged to purchase between 3.2…
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