Articles tagged under: Soybeans
Elbow Lake Sees Needed Rain
Published June 19, 2023
Over the weekend Elbow Lake Minnesota farmer David Ehlers says a welcome rain has really helped the corn and soybeans that were short on moisture. "We had a really good weekend. Some fields got an inch and a quarter, some…The Push and Pulls of the Soybean Market
Published May 19, 2023
Paradigm Futures market analyst Kent Beadle thinks the supply side of the vegetable oil market is pulling the soybeans lower. "We just haven't been seeing the expansion that everyone thought with the refining of soy oil into renewable diesel." The…Early Frost Spells Trouble for Argentine Soybeans
Published March 2, 2023
Soybean and Corn Advisor President Michael Cordonnier cut his Argentine soybean crop estimate by two million metric tons due to ongoing drought. Cordonnier says Argentina is a mess. "There's problem after problem. They had an unbelievable early frost where it…Argentine Crops Struggle
Published December 28, 2022
Soybean and Corn Advisor President Michael Cordonnier has again lowered his corn and soybean production estimates for Argentina. "They're getting just enough (rain) to keep going for another few days until evaporation takes the advantage away so yes, I've been…More Soybeans
Published November 9, 2022
USDA increased soybean production by 33 million bushels to 4.35 billion bushels. The supply/demand report estimated the average yield at 50.2 bushels per acre. Soybean ending stocks were raised 20 million bushels to 220 million bushels. The season-average farm gate…No Delayed Pricing
Published October 13, 2022
Kristi Van Ahn, market analyst, Van Ahn and Company, is seeing a few grain elevators in the Alexandria, Minnesota area go to a cash-only bid for soybeans. "If you're bringing in soybeans that are not contracted, they're being forced to…Soybean Yield Forecast Adjusted Lower
Published October 12, 2022
As expected, the USDA lowered the U.S. corn yield forecast. Yields are estimated at 171.9 bushels per acre, a decline from 172.5 bushels per acre last month. Traders expected soybean yields to be in line with September, but USDA lowered…Dried Down
Published October 12, 2022
Matthew Krueger says the soybeans are dry coming out of the field. "Probably a little too dry at the moment, but there's not much we can do about that." Corn samples are in the 20 percent moisture range. Krueger, East…Record Production Expected for Brazil
Published October 10, 2022
While the U.S. is harvesting, Brazilian farmers are starting to plant a crop. Brazilian crop agency CONAB is forecasting Brazil’s 2022/23 soybean crop at a record 152.4 million metric tons. Last year’s soybean crop in Brazil was the second largest…