Articles tagged under: soybean
NOPA Says Record Soybean Crush for November
Published December 17, 2018
In Monday’s report, the National Oilseed Processors Association says its members crushed 167 million bushels of soybeans in November. Global Commodity Analytics and Consulting President Mike Zuzolo says that is a monthly record. "The soybean oil stocks fell a little…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…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…Prairie Grains Conference Will Highlight Production and Markets
Published December 6, 2018
During Thursday's Prairie Grains Conference, small grain and soybean farmers will reflect on the growing season and look ahead to next year. Minnesota Association of Wheat Growers Executive Director David Torgerson says wheat growers had a decent growing season. "We…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…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…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.…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…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…