Articles tagged under: Soybeans
Grain Prices Cause Acreage Shifts in Northwest MN
Published April 30, 2021
Northland Community and Technical College Farm Business Management Instructor Betsy Jensen says farmers are changing up what they're going to plant in northwest Minnesota. "With our family seed company, wheat sales are down from the last few years. I think…Dry Conditions in Brazil Impacting Safrinha Corn Crop
Published April 30, 2021
According to Soybean and Corn Advisor President Michael Cordonnier, some areas of Brazil’s second crop corn have enough moisture for pollination, but the majority is dry. "I think the rainy season is over. Every week now that it stays dry,…Dry Conditions Support Grain Prices
Published April 30, 2021
Standard Grain President Joe Vaclavik expects quick planting progress, but dry soil conditions are supporting prices. "U.S. weather looks wide open for another week. Most of the Corn Belt won't see more than one inch of rain in the next…Brazilian Decision Feeds the Bulls
Published April 21, 2021
Brazil’s import tariff suspension opens the door for U.S. beans to possibly be shipped to South America. Ever Ag market analyst Jenny Wackershauser wonders where those soybeans would come from. "Yet this seems to have fed the bulls with enough…Take Advantage of Good Basis Levels
Published April 19, 2021
Corn and soybean prices are supported by good demand. Progressive Ag Marketing market analyst Brian Strommen encourages farmers to take advantage of the strong basis levels. "Selling the cash if you have that offer on the table and if you're…Soybeans Try to Keep Pace with the Corn Market
Published April 14, 2021
Martinson Ag Risk Management President Randy Martinson thinks soybeans are trying to keep pace with the corn market. "Even though we've had good export sales, I think the corn market is trying to hold acres and it looks like corn…The Value of Local Soybean Crush
Published April 9, 2021
The AGP crush plant in Aberdeen, South Dakota is showing its value. A combination of strong domestic soybean crush and prevent plant acres has soybean basis at zero in northern South Dakota, unusual for this time of the year. AGP…Smaller Supplies, Steady Demand Strengthens SD Soybean Basis
Published April 9, 2021
Soybean basis at Agtegra in northern South Dakota is at par with the futures contracts for April, May and June delivery. BOLT Marketing market analyst DuWayne Bosse says a combination of prevent plant acres and the AGP crush plant depleted…Basis Bids Steady to Par Across Northern Plains
Published April 9, 2021
Spring wheat basis bid at the six regional grain elevators followed by the Red River Farm Network are mostly steady, ranging from 35 to 65 cents under the May contract. Corn basis levels are mostly unchanged from last week at…