soybean | Red River Farm Network

Regional Basis Bids are Mostly Unchanged

Published March 25, 2020

Spring wheat basis bids at the six regional grain elevators followed by the Red River Farm Network are mostly unchanged compared to one week ago. Basis bids in Finely, North Dakota and Warren, Minnesota improved by five cents. Those bids…

Markets Find Support from Soybean Sales

Published March 11, 2020

A few different soybean sales to unknown destinations were noted this last week. The markets found support from the third day in a row of soybean sales to unknown. Cornbelt Marketing analyst Larry Clay says soybean meal is the driver.…

Solving Transportation Challenges

Published March 11, 2020

If grain is being shipped out of the Northern Plains, it typically heads toward the Pacific Northwest. Minnesota Soybean Research and Promotion Council CEO Tom Slunecka says it’s a long way between here and there. "There's lots of regulations, a…

U.S. Farm Bankruptcies Increased in 2019

Published February 20, 2020

In 2019, farm bankruptcies increased 24 percent. During Thursday's Ag Outlook Forum, USDA said North Dakota was one of three states reporting particularly high bankruptcy rates. Debt-to-asset levels are the highest since 2003. USDA also says a growing portion of…

CONAB Forecasts a Large Soybean Crop

Published February 11, 2020

CONAB, Brazil’s government supply agency, raised its soybean production forecast to a record 123.2 million metric tons. That’s up one million metric tons from the January estimate and nearly 10 million metric tons larger than last year’s crop. The estimate…

ND Soybean Processors Lawsuit Settled

Published February 10, 2020

The lawsuit between the North Dakota Soybean Processors and Spiritwood Energy Park Association has been settled. According to SEPA CEO Connie Ova, both sides are paying their own expenses and this includes no payments to either side from the other.…

Soybean-Based Motor Oil Being Promoted

Published November 22, 2019

A new motor oil made with high oleic soybean oil is now available on Amazon. The product from Biosynthetic Technologies is derived from soybeans raised by U.S. farmers and has been tested by multiple Washington, D.C. region fleets. The United…

CONAB Raises Soybean Production Outlook

Published November 13, 2019

Brazil’s crop supply agency CONAB raised its soybean production outlook for the current 2019-20 growing season. CONAB expects both planted area and yields to increase. With about half of the expected soybean area yet to plant CONAB estimates Brazil’s soybean…

Improving Inland Waterways Could Be a Way to Enhance Competitiveness

Published August 30, 2019

U.S. soybean farmers are asking the federal government to maintain and improve inland waterways. Soy Transportation Coalition Executive Director Mike Steenhoek says the lower Mississippi is the focus. "China is willing to take steps to invest in channel deepening in…

The Challenge of Growing a SD Crop

Published August 27, 2019

The Redfield, South Dakota area crop is variable. Driving within two miles of Jim Klebsch's farm, north of town, it’s evident there’s been lots of moisture. There are muddy fields with no crops, soybeans with wet feet, a blooming sunflower…

Articles tagged under: soybean

Regional Basis Bids are Mostly Unchanged

Markets Find Support from Soybean Sales

Solving Transportation Challenges

U.S. Farm Bankruptcies Increased in 2019

CONAB Forecasts a Large Soybean Crop

ND Soybean Processors Lawsuit Settled

Soybean-Based Motor Oil Being Promoted

CONAB Raises Soybean Production Outlook

Improving Inland Waterways Could Be a Way to Enhance Competitiveness

The Challenge of Growing a SD Crop

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