Articles tagged under: soybean
USDA Lowers U.S. Corn and Soybean Production
Published January 12, 2021
The latest USDA estimate for 2020 corn and soybean production was below last month's report and the average trade guesses. U.S. corn production is at 14.2 billion bushels compared to December’s estimate of 14.5 billion bushels. Corn yield is at…Rains in South America Stabilizing the Crop
Published January 8, 2021
Brazilian ag consultant Kory Melby says recent rains in Brazil stabilized the soybean crop. "In the last three weeks, we received beneficial rains throughout the country. I'm thinking of increasing my crop estimate a little bit. At the end of…Begin Pushing the Pencil for 2021 Crop
Published January 6, 2021
As soybean futures get higher and corn futures reach new levels, AgResource Company President Dan Basse says farmers should begin pushing the pencil for the 2021 crop. "Things are starting to look relatively attractive on margins. I would encourage all…Soybean Market is Nervous Over Tight Stocks
Published January 4, 2021
Tight soybean stocks are pushing the market higher. NDSU Extension Crops Economist Frayne Olson is making that point in his crop market outlook. "If we look back to before the trade war began, a five-to-six percent carryover stock ratio was…ND Soybean Growers Focus on Infrastructure in State Legislative Session
Published January 3, 2021
Water issues and infrastructure are top of mind for the North Dakota Soybean Growers Association going into the state legislative session. "There's a $1 billion bonding proposal being considered and then, the governor has a $1.25 billion transportation and infrastructure…Soybeans Have a Story
Published December 18, 2020
On Friday, soybean futures closed above $12 per bushel for the first time in six years. “We are sitting on a carryout that is extremely tight domestically,” said Kristi Van Ahn, market analyst, Van Ahn and Company. “Not only are…Epitome Energy Crush Facility in Permitting Process
Published December 17, 2020
The proposed Epitome Energy soybean crush facility in Crookston, Minnesota is still in the permitting process. CEO Dennis Egan said COVID slowed things down, but the goal is to have air and wetland permits submitted to the Minnesota Pollution Control…Brazilian Planting Picking Up Pace, Traders Watching Closely
Published November 20, 2020
Brazil’s soybean planting progress has picked up. Martinson Ag Risk Management President Randy Martinson says traders will be watching Brazil’s crop condition closely. "Right now, they are picking up their planting pace. Most of it is in-line with the five-year…Dicamba Lawsuit Filed
Published November 9, 2020
The Environmental Protection Agency is being sued over its re-registration of dicamba herbicide. The American Soybean Association and the Plains Cotton Growers filed the lawsuit, claiming some parts of the rule are too severe. That includes the buffer requirements and…