Articles tagged under: Soybeans

USDA to Resurvey MN, ND and SD Farmers

Published January 13, 2020

According to a special note from the USDA, the National Agricultural Statistics Service will be recontacting producers who indicated they weren’t done with harvest in the last survey. When that survey took place in 2019, there was significant unharvested acres…
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2019 Corn and Soybean Production Increases in USDA Report

Published January 10, 2020

The 2019-2020 U.S. corn production is forecast at 13.69 billion bushels. Higher yields were offset by a reduction in the harvested area. Corn harvested acres are at 81.5 million. U.S. soybean production is at 3.55 billion bushels, boosted by an…
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Lower Ending Stocks Noted in Report

Published January 10, 2020

USDA January Supply and Demand report is estimating corn ending stocks at 1.89 billion bushels, down from 1.9 billion in December. Soybean ending stocks are estimated at 475 million bushels, unchanged from December and wheat ending stocks are estimated at…
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USDA Lowers Quarterly Grain Stocks

Published January 10, 2020

USDA lowered its quarterly grain stocks estimate for corn more than the trade was expecting to 11.38 billion bushels. That's friendly news for traders. Soybean quarterly stocks are estimated at 3.25 billion bushels, in the middle of trade expectations. Quarterly…
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Profitability Projections Vary by Crop and Region

Published January 10, 2020

According to the new crop budgets from NDSU Extension, the outlook varies widely by region and crop. Spring wheat is projected to be in the red for all parts of North Dakota except the northeastern corner of the state. There…
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Cash Grain Basis Widens in Final Weeks of 2019

Published January 3, 2020

Cash grain basis bids at the six regional grain elevators followed by the Red River Farm Network widened in the last two weeks of 2019 as futures prices improved. The net cash price of 14 percent protein spring wheat improved…
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