Articles tagged under: Soybeans
‘Rolling With the Punches’ Following Freezing Temps
Published May 30, 2021
Farmers along the Canadian border held their breath following the nights of cooler temperatures last week. Near Hallock, Minnesota, farmer Dan Younggren says the crops have managed to do ok so far in the cool mornings. "The sugarbeets are fine…Farmers Evaluate Wind Damage in Fields
Published May 27, 2021
North Dakota farmers are evaluating their crop, looking for possible damage from the windy conditions. Lovas Ag Consulting agronomist Sarah Lovas said there were farmers out trying to row crop cultivate near Hillsboro, North Dakota. Soybeans are at a critical…Crop Watch
Published May 21, 2021
Northwest Minnesota crops got some much-needed rain this week. The moisture will help emergence. "The corn and soybeans are popping up and so is the spring wheat," said Kurt Aakre, a farmer near Karlstad. Aakre missed the window to apply…Regional Basis Levels Remain Strong
Published May 20, 2021
Spring wheat basis bid this week are mostly unchanged from the previous week at the six regional grain elevators followed by the Red River Farm Network. Corn basis bids jumped 50 cents at Ulen, Minnesota from 25 under the July…Not Much Old Crop Grain Left to Sell in the U.S.
Published May 17, 2021
Strong basis levels continue to suggest a limited supply of grain in the country. "There were lots of corn and soybean sales last fall and there's been some sales reaching at the $5 to $6 mark and now, farmers are…Soybeans and Old Crop Corn Drive Grain Markets
Published May 17, 2021
Van Ahn and Company market analyst Kristi Van Ahn says soybean demand is the unknown in the grain market. "Soybeans are a wildcard and we need a big yield. We need demand to back off. Soybean crush has been extremely…Regional Basis Bids Unchanged in Northern Plains
Published May 17, 2021
Basis bids at the six regional grain elevators followed by the Red River Farm Network are mostly unchanged from one week ago. Spring wheat basis improved five cents at Minot, North Dakota but widened by 12 cents at New Salem,…USDA: Soybean Supplies Tight, Overall Good U.S. Corn Supplies
Published May 13, 2021
Brock Associates President/CEO Richard Brock believes there’s enough old crop corn to carry the U.S. through demand. That can be tricky to accept in a dry area like the Northern Plains. "The two states North Dakota and South Dakota combined…USDA Lowers Brazil’s Corn Production, Argentina Crop Unchanged in May Report
Published May 12, 2021
In the May WASDE report, USDA lowered Brazil’s corn production at 102 million tonnes, down from 109 million in the April report. Brazil’s soybean production is estimated at a record 136 million tonnes, unchanged from the April report. USDA left…