Articles tagged under: Soybeans
A Look at the Latest U.S. New Crop Balance Sheet
Published May 12, 2021
The May USDA report numbers were mostly neutral to the grain trade. In terms of the new crop balance sheet, U.S. corn production is forecast at almost 15 billion bushels, slightly higher than last year. U.S. soybean production is forecast…Grain Market Surprised at Higher Ending Stock Estimates
Published May 7, 2021
Pre-report estimates for the May USDA Supply and Demand report have ending stocks higher than where current commodity prices would indicate. "I don't know if the trade is looking at that specifically, but I think the numbers coming in at…Final U.S. Planted Acres May Look Different than Planting Intentions
Published May 7, 2021
Corn and soybeans continue to fight for acres. Utterback Marketing President Bob Utterback says there is a real psychological scare final planted acres will not match the planting intentions report. "In my historical experience, I've never seen this level of…A Wide-Window of Planting in the Northern Plains
Published May 7, 2021
The a wide-window of planting right now across the Northern Plains. "There's corn in the ground, soybeans going in or people waiting to plant soybeans. Some wheat is seeded and others are still planting," said Jason Hanson, agronomist, Rock n'…Basis Bids Remain Strong in the Northern Plains
Published May 5, 2021
Basis bids at the six regional grain elevators followed by the Red River Farm Network are mostly unchanged from last week. Spring wheat basis generally runs 30 to 60 cents under the July futures for May through July delivery. Corn…Bunge Profits in the First Quarter of 2021
Published May 5, 2021
Bunge, the world’s largest soybean processor, is showing an $831 million profit in the first quarter of 2021. Tight global crop supplies and rising food demand are paying off. The rising export demand and heavy selling from North American farmers…Unprecedented Times for Soybean Markets
Published May 5, 2021
Brock and Associates market analyst Richard Brock says the supply of soybeans in the U.S. has been the real issue. "This has all been driven, for the most part, by a real shortage of oilseeds going to the diesel market…Warmer Temps and Rain Would Help Corn and Soybeans
Published May 5, 2021
In the last week of April and first part of May, North Dakota farmers made decent planting progress. Near Jamestown, North Dakota, Ryan Wanzek is seeding soybeans and corn. Corn planting started last week and soybean planting started a few…Corn Basis Strengthens Across Northern Plains
Published April 30, 2021
Corn basis bids at the six regional grain elevators followed by the Red River Farm Network continue to strengthen. Corn basis at New Salem, North Dakota for May delivery moved from 35 cents under the May, to par with the…