Articles tagged under: Soybeans
Continued Demand Keeps Boosting Grain Markets
Published January 27, 2021
Diversified Services market analyst Sterling Smith was a presenter during the Ihry Insurance spring virtual farm meeting and current market conditions were part of the conversation. Continued demand boosted the grain markets and featured massive corn sales to China. There…Not Much Demand Rationing Yet
Published January 26, 2021
Demand for U.S. commodities remains strong. Martinson Ag Risk Management President Randy Martinson says we have not seen much demand rationing. "Even before the market dropped one dollar last week in the soybeans, we were still seeing aggressive sales. We…Northern Plains Corn Basis Bids Improve Slightly
Published January 21, 2021
Basis bids at the six regional grain elevators followed by the Red River Farm Network are unchanged for spring wheat. Spring wheat basis bids range from 35 to 70 cents under the March contract. Corn basis improved by five cents…Set Yourself Up for White Mold Management Success
Published January 18, 2021
Making good management decisions can help farmers control white mold in soybeans. Peterson Farms Seed Lead Agronomist Rick Swenson says selecting the right seed variety is a good first step, along with adjusting population. "In a lot of ways, we…Demand Continues to Boost the Grain Markets
Published January 13, 2021
The run up in the grain market started as a demand story. Martinson Ag Risk Management market analyst Randy Martinson says until the next crop is available, there will be issues. That’s why this market rally has lasted longer than…Farmers Need to Be Part of the Bullish Market
Published January 13, 2021
Bull markets don’t happen often and Advanced Trading Risk Management Advisor Tommy Grisafi thinks farmers need to be part of this one. "One of the greatest benefactors of this soybean rally could be spring wheat," says Grisafi. "Keep an eye…Stocks Tighten
Published January 13, 2021
In USDA's Quarterly Stocks report, the agency lowered U.S. corn ending stocks by five million bushels to 11.32 billion bushels from the December report. Soybean stocks are reported at 2.93 bullion bushels, down 319 million bushels from December. Wheat stocks…USDA Lowers Global Corn, Soybean and Wheat Production
Published January 12, 2021
USDA lowered global corn production 9.3 million tonnes in the January Supply and Demand report to 1,438 million metric tons. The crop declines in Argentina and Brazil will more than offset increased production in China and India. USDA lowered global…Cargill Executive Expects an Exciting Year for Soybeans
Published January 6, 2021
In an interview with U.S. Soybean Export Council CEO Jim Sutter, Cargill’s Ag Supply Chain Division Head Joe Stone said he expects an exciting 2021 for soybeans. "I don't think we've hit the top for market prices yet, because of…