Articles tagged under: Soybeans
The Economics of Fertilizer Use
Published March 1, 2021
Spring fertilizer prices may bring sticker shock, but NDSU Extension Soil Specialist Dave Franzen says revised fertilizer recommendations for soybeans may be a bright spot for local farmers. "We decreased the critical soil test level to about half of what…The Grain Market’s Attention Shifts to U.S. Acreage
Published March 1, 2021
As March begins and spring planting gets closer, Ever.Ag President Mike North says acreage discussions are top-of-mind. "We got the USDA's expectations at the Ag Outlook Forum. The combined corn and soybean acreage will be the highest on record if…While Northern Brazil Struggles, Other Areas May Have Decent Crop
Published February 24, 2021
While the northern part of Brazil is struggling to get soybeans harvested, CHS Hedging market analyst Steve Wagner says the rest of the country will have a good crop. "It's not any different in South America than it is in…Major Acreage Battle Expected for Spring
Published February 24, 2021
Grain traders are preparing for a major acreage battle this spring. BOLT Marketing market analyst DuWayne Bosse says all of the commodities are looking for more acres. "That's why the new crop prices are gaining on the old crop prices.…Brazil Harvest Delays Push Second Crop Corn Planting
Published February 24, 2021
Farmers in northern Brazil are struggling with wet weather and deteriorating crop conditions as harvest lags. Brazilian agriculture consultant Kory Melby says getting the second crop corn planted is a priority. "That is more worrisome than the soybeans, because the…Ag Outlook Forum Numbers Drive Friday’s Grain Markets
Published February 19, 2021
Diversified Services market analyst Sterling Smith thinks there could be more soybean acres than the 90 million estimated by USDA. "If you look at where input costs have gone, farmers may switch to soybeans." Smith says the corn numbers from…U.S. Acreage and China Demand Highlighted in Ag Outlook Forum
Published February 19, 2021
Exports, acreage and the farm income forecast dominated the opening session of USDA’s Ag Outlook Forum. USDA Chief Economist Seth Meyer anticipates China demand to remain strong in the next year. "Outstanding sales, what we have on the books for…Slow Harvest Continues in Brazil
Published February 15, 2021
Brazil’s farmers continue to make slow harvest progress. Brazilian ag consultant Kory Melby says the harvest pace in Mato Grosso is well behind average. "To-date, 15 to 20 percent of the state is harvested. We should be at 40 to…CONAB Boosts Brazil Corn and Soybean Production
Published February 15, 2021
Brazil’s crop supply agency CONAB raised its soybean and corn production estimates in the February crop report. CONAB expects Brazil’s farmers to produce a record 133.8 million metric tons of soybeans and near record 102 million tons of corn this…