Articles tagged under: Soybeans
The Pro Farmer Crop Tour Results Are In
Published August 22, 2021
The Pro Farmer Crop estimates have U.S. corn production at more than 15.1 billion bushels, with an estimated average yield of 177 bushels per acre. These numbers take into account the data gathered during this past week's tour. The U.S.…“Better Late Than Never”
Published August 22, 2021
That’s how many are feeling about the widespread rains that moved across the Dakotas and Minnesota this weekend. The Humboldt, Minnesota area received nearly two inches of rain. CHS Ag Services Sales Agronomist Jackson Peterson says this should perk up…Eastern South Dakota Crops Doing Alright
Published August 20, 2021
Peterson Farms Seed Eastern South Dakota Sales Manager Cody Olson says corn and soybean development looks ok in eastern South Dakota. "The recent rains should help us get a better fill at harvest." The soybean pods are swelled up, but…China Needs U.S. Soybeans
Published August 20, 2021
The USDA did not report any soybean export sales to China on Friday, ending an 11 day buying streak. "That was the first day since August 4 we didn't have a flash sale report from the USDA from China," said…A Tale of Two Crops
Published August 15, 2021
NDSU Extension Crops Marketing Economist Frayne Olson says there’s a tale of two crops growing in the U.S. right now. "We've talked about South Dakota and southern Minnesota being key corn and soybean growing regions. Drought continues to expand in…Getting a Better Sense of the U.S. Crop
Published August 15, 2021
Traders will get a clearer picture of new and old crop supplies in the next two weeks. Utterback Marketing President Bob Utterback says the WASDE report and the Pro-Farmer tour are just snap shots. "The Pro Farmer tour tries to…Pro Farmer Crop Tour Takes ‘Boots on Ground’ Look at the Corn Belt
Published August 13, 2021
This week, about 100 tour participants will take a closer look at the crops growing in Ohio, Illinois, Indiana, Iowa, Nebraska, Minnesota and South Dakota. The Pro Farmer Crop Tour is divided into two tour routes: east and west. Pro…Smaller Crops Across the Board
Published August 13, 2021
According to Stone X Group Chief Commodities Economist Arlan Suderman, the story is smaller crops across the board. "The decline in corn and wheat production estimates are significant. U.S. corn yields are estimated at 174.6 bushels per acre. World wheat…Lower-Than-Expected Yields Take Grain Traders By Surprise
Published August 12, 2021
USDA lowered corn yields more than expected in the August Supply and Demand report. "The corn yield at 174.6 bushels per acre is well below the average estimate of 177.6 bushels per acre," said Naomi Blohm, senior market advisor, Total…