Articles tagged under: Soybeans
A Demand Driven Market Ahead for Corn and Soybeans
Published November 12, 2021
The weather and demand are two big factors for the grain markets. Bower Trading market analyst Ben Kasch says demand is the biggest factor. "There are great ethanol margins for corn and then, high input costs. That's all driving the…No Big Winner in 2022 Acreage Battle Yet
Published November 11, 2021
Minneapolis wheat led the grain market higher this week. Van Ahn and Company market analyst Kristi Van Ahn thinks spring wheat is trying to secure acres. "We're trying to decipher what we'll have for acres with fertilizer prices as high…November USDA Report Full of Surprises
Published November 10, 2021
Clayton Pope Commodities owner and market analyst Clayton Pope is amazed to see the USDA reduce the U.S. soybean yield forecast in the November report. "It was incredulous in October when the USDA shocked everyone by raising the soybean yields…MN Soybean Growers Ask USTR to Address Five Trade Barriers
Published November 7, 2021
The Minnesota Soybean Growers Association would like the Office of the U.S. Trade Representative to address at least five non-tariff trade barriers for agriculture in the next year. MSGA Executive Director Joe Smentek says there are issues with GMO tolerance…Grain Traders Prepare for November WASDE Report
Published November 7, 2021
Standard Grain President Joe Vaclavik is not looking for friendly numbers in the USDA's November Supply and Demand report. "The grain trade expects the USDA to increase soybean carryout. They think the USDA is going to go from a 320…Preview: November USDA Crop Reports
Published November 3, 2021
USDA's November crop production and supply and demand reports will be released on Tuesday. Zaner Ag Hedge Chief Market Strategist Ted Seifried thinks increased production numbers may already be built into the market. "I'm not exactly sure how much we've…Basis Bids Vary Across Northern Plains
Published November 2, 2021
In the last week, spring wheat basis bids widened by five cents at the six regional grain elevators followed by the Red River Farm network. Spring wheat basis ranges from 30 to 75 cents under the March Minneapolis futures contract.…Soybean Demand Stays Strong Out of Pacific Northwest
Published October 25, 2021
North Dakota Soybean Council Executive Director Stephanie Sinner says export demand for soybeans remains strong out of the Pacific Northwest. "We're efficiently geared to move the big soybean crop as it comes off the combine and move it towards the…Flexibility is the Region’s Strong Suit
Published October 23, 2021
As farmers think about 2022 acreage decisions, Innovus Agra president and farm business consultant Bret Oelke says the Dakotas and Minnesota have an advantage over other states in the Corn Belt with more flex acre options. "We can flex out…