Articles tagged under: Soybeans
June WASDE Report Had Little Market Impact
Published June 14, 2021
In the June World Agriculture Supply and Demand Estimates report, the USDA lowered the old crop U.S. corn carryout by 150 million bushels on increased ethanol and export demand in the June supply and demand report. USDA made no change…A Slight Surprise for Grain Traders
Published June 13, 2021
USDA raised soybean ending stocks and lowered corn ending stock a little more than the grain trade was expecting last week. Global Commodity Analytics and Consulting President Mike Zuzolo thinks global supply fundamentals are in play for the grain market.…USDA Lowers Global Wheat and Corn Ending Stocks
Published June 13, 2021
The USDA lowered world old crop corn ending stocks three million metric tons from the May report to 280.6 million tonnes, raised soybean ending stocks to 88 million tonnes and lowered wheat ending stocks about one million tonnes to 293.5…Pioneer Agronomy Update
Published June 7, 2021
Farmers are replanting soybean in the Leonard, North Dakota area after high winds and frost late last week. Temperatures dropped to 25 degrees F for almost five hours in the area. In the latest Pioneer Agronomy Update, strategic account manager…Regional Basis Levels Vary in Northern Plains
Published June 6, 2021
Spring wheat basis bids at the six regional grain elevators followed by the Red River Farm Network remain unchanged from the previous week, ranging from 30 to 60 cents under the July futures. Corn basis for June delivery widened to…Widespread Dry Conditions Can Impact the U.S. Crop
Published June 2, 2021
The dryness happening in North Dakota isn’t enough to be a market mover by itself, but add in South Dakota, Nebraska, portions of Minnesota and Iowa and things change. "There's a significant area of the Midwest that is struggling for…North Dakota Farmers Start to Replant Soybeans
Published June 1, 2021
The soybeans growing near Wimbledon, North Dakota got nipped by frost at the end of May. Farmer Joe Ericson thinks there’s about 500 acres that may need to be replanted on his farm. "The soybeans we need to replant are…Spotty Crop Damage is Starting to Show
Published May 31, 2021
Early reports indicate spotty damage from last week's frost and freezes. In Hurdsfield, North Dakota, farmer Jeff Mertz says there appears to be frost damage in soybeans, but not in corn. "The durum seems to be alright, too. Dry conditions…More U.S. Corn Acres Are Likely
Published May 31, 2021
Advance Trading market analyst Brian Basting says it’s not too early to be thinking about the USDA’s acreage report in June. "Most traders are looking at the probability of more corn acres than the USDA was forecasting in March. We…