Articles tagged under: Soybeans
The Acreage Battle May Impact All Commodities
Published January 3, 2021
Corn and soybean futures continue to push higher due to limited supplies. Midwest Market Solutions President Brian Hoops thinks the acreage battle will impact all commodities. "The bidding war for acres will be a supporting feature for spring wheat and…Northern Plains Basis Levels Stronger at Year End
Published December 30, 2020
Basis levels at the six regional grain elevators followed by the Red River Farm Network remain mostly unchanged from the previous week. Soybean basis remains 40 to 80 cents under the March futures contract. Corn basis levels is 25 to…An Acreage Battle
Published December 27, 2020
Higher prices for corn and soybeans may incentivize local farmers to change the acreage mix for next year. The Money Farm market analyst Luke Swenson says seed companies are prepping for strong demand for these crops. "Ironically, the growers out…Spring Wheat Acres at Risk
Published December 27, 2020
Van Ahn and Company market analyst Kristi Van Ahn thinks spring wheat is at the most risk of losing acres in 2021. "Minneapolis Wheat needs to wake up right now or there won't be much planted. It works to plant…Soybean Futures Reach $12 Price Level
Published December 17, 2020
The soybean markets hit the $12 level on Thursday. "I haven't seen much news other than lower export sales of soybeans," said Ted Seifried, chief market strategist, Zaner Ag Hedge. "In my opinion, we only have about 150 million bushels…Soybean Demand Stays Strong
Published December 17, 2020
Cornbelt Marketing market analyst Sam Hudson says demand is strong for U.S. soybeans even with higher prices. "When you look at our soy crush and export campaigns, we're not rationing demand yet. If we have to do that, it will…Rains Help Brazil’s Crop
Published December 17, 2020
Soybean and Corn Advisor President Michael Cordonnier thinks recent rains have stabilized Brazil's crop. "The weather has improved, but the dryness going forward will be more important." While weather conditions are improving in Brazil, that's not the situation in Argentina.…Good Fundamentals Support Soybean Complex
Published December 16, 2020
The soybean traders took another run at $12 early Wednesday, but failed to break through. StoneX market analyst Phillip Claussen says good fundamentals are supporting the soybean complex. "The past two days have really been a soybean meal-led rally as…Calyxt Sells High Oleic Soybean Crop to ADM
Published December 15, 2020
Calyxt has contracted to sell all of the production from its high oleic soybean crop to ADM. This high oleic soybean is the first commercially-approved gene-edited food in the United States. The Twin Cities-based Calyxt is also working on a…