Articles tagged under: Soybeans

Survey Projects a Drop in Corn Acres

Published Today

According the Farm Futures planting survey, U.S. farmers may plant less corn than previously projected by USDA. The survey reported corn acreage at 90.9 million, up 1.7 million from last year. The increase was less than the 92 million in…

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USDA Releases U.S. World Market Share Projections

Published March 21, 2019

During the next ten years, U.S. agriculture will face additional competition from other countries in the world market. By 2028, USDA expects U.S. corn exports to increase by seven million tons from this year. That’s a gain of 11 percent.…

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Understanding Market Volatility is Key

Published March 18, 2019

According to North Dakota Soybean Council Executive Director Stephanie Sinner, marketing is a timely topic given the current farm economy. Many farmers still have the 2018 crop in the bin and are thinking about how to move that crop. Sinner…

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Somewhat Better Cash Grain Basis Across Region

Published March 13, 2019

Cash grain basis bids at the six regional grain elevators the Red River Farm Network follows generally improved for corn and soybeans. Corn basis bids improved from five to 15 cents at most elevators. However, basis bids at Ulen, Minnesota…

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World Grain Stocks Mixed in USDA Report

Published March 8, 2019

USDA lowered global wheat supplies by three million tonnes in Friday’s Supply and Demand report to 270.5 million tonnes. That's down three percent from last year. Global corn production was lowered slightly to 1.4 billion tonnes with Brazil’s production unchanged.…

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USDA South American Production Estimates Mostly Unchanged

Published March 8, 2019

USDA reports Argentine corn production is at 46 million metric tons, unchanged from one month ago. This is also close to trade expectations. Soybean production is at 55 million metric tons, unchanged from one month ago and slightly below trade…

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A Bearish March Supply/Demand Report

Published March 8, 2019

In Friday's Supply and Demand report, USDA lowered soybean ending stocks by 10 million bushels. U.S. soybean stocks are now projected at 900 million bushels, with exports remaining unchanged. Soybean crush was raised 10 million bushels to 2.1 million bushels…

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China Buys More U.S. Soybeans

Published March 8, 2019

USDA’s Foreign Agriculture Service confirmed China bought 664,000 tonnes of soybeans for delivery in the current marketing year ending September 1. This confirms rumors China bought soybeans. However, the amount of the soybean purchase is much less than the rumored…

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Running Out of Enthusiasm

Published March 8, 2019

Local soybean growers are running out of enthusiasm on potential soybean sales to China. North Dakota Soybean Growers Association Executive Director Nancy Johnson says they are waiting for proof of sales. In the meantime, the soybean industry isn't hearing many…

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Traders Prepare for Friday’s USDA Report

Published March 6, 2019

Northstar Commodity market analyst Brandon Marshall thinks grain traders are preparing for Friday’s USDA Supply and Demand report. Marshall thinks traders will be looking for signs of increasing corn demand. "One thing the trade will want to see is the…

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