Manage the Harvest
It is early, but corn and soybeans have been harvested already. "It is coming fast and the thing to keep in mind is we have to manage harvest this year. There will be big variations within fields. I'm scared that…
Articles tagged under: soybean
Crop Tour Focus Going Into This Week
Early Thursday, news the U.S. and China will meet caused an uptick in the grain complex. The buying continued throughout the day session. "The next few days are going to be critical for this market. The soybean market had a little…
Trump Tweet Cites Farmer Struggles
In a series of tweets Friday, President Donald Trump called out China, the European Union and others for manipulating their currencies. The stronger dollar makes U.S. exports more expensive in global markets. On Twitter, Trump also said farmers have been…
Soybeans in Northern MN Helped by the Heat
University of Minnesota Extension Agronomist Seth Naeve says soybean crop conditions improve as you move north in the state. Despite a late start, Naeve credits warm weather for the current stage of development in beans. "In Minnesota, we've got to…
Soybean Farmers Feel the Pain
Since the talk of tariffs began in March, soybean prices have dropped more than $2 per bushel. In a statement, the American Soybean Association said soybean farmers will feel the full impact of this trade retaliation. China has added a…
China May Import U.S. Beans Through Brazil
With the trade war between the U.S. and China, more beans will be sourced out of South America. There is speculation Brazil will need to import U.S. soybeans to meet the demand from the Chinese. Zaner Group chief market strategist…
With Divestiture, BASF Acquires Bayer Brands
With the Bayer’s acquisition of Monsanto, BASF is buying Bayer’s canola, soybean and vegetable seed business. The Liberty herbicide business is also part of the deal. The assets that will be purchased by BASF are valued at $9 billion.
More Soybean Acres Expected in Brazil
Early sales of fertilizer in Brazil indicate an increase of soybean acres for 2019. Brazilian Agriculture Consulting owner Kory Melby cites Brazil’s national fertilizer association which is reporting a 25 percent increase year-over-year for April fertilizer sales. “Historically, that gives…
A Clearer Picture of Bean Demand
The soybean market traded higher following the release of the May WASDE report Thursday. Stewart-Peterson Senior Market Advisor, Brian Doherty, says USDA gave the market a little clearer picture of soybean demand. “They got a spike, but they didn’t really…
More Soybean, Fewer Wheat Stocks in Global Supplies
The May World Supply and Demand Estimate (WASDE) report also says global soybean supplies are at 92 million tons. This is an increase of two million from April and slightly higher than the trade guesses. Global wheat stocks are down…
