Articles tagged under: Soybeans
Conab Estimates Record Grain Harvest for Brazil
Published December 11, 2020
Conab, Brazil’s crop supply agency, expects Brazilian farmers to harvest a record 265.89 million tonnes of grain in the 20/21 crop year. The estimate is down 3.5 percent from its November estimate. Conab estimates an increase in planted area from…More Growing Season Left in South America
Published December 11, 2020
Clayton Pope Commodities President Clayton Pope says the Brazilian soybean crop estimates continue to be above last year’s production. "Even some of the lower end yields are still a bit above what Brazil produced one year ago," says Pope. "There's…Brazilian Farmers Starting to Make Tough Decisions
Published December 11, 2020
According to Brazilian Ag Consulting owner Kory Melby, the slow planting pace of Brazil’s soybean crop is more of an issue for the second crop cotton and corn. "Cotton needs to go in January, corn needs to be planted in …Canada Produces More Wheat, Corn and Soybeans in 2020
Published December 4, 2020
According to Statistics Canada, the favorable growing season allowed Canada’s farmers produced more wheat, soybeans, corn and small grains last year while canola production was down. Total wheat production was up nearly eight percent on increased acreage and a yield…Regional Basis Widens for Wheat, Soybeans and Corn
Published December 3, 2020
Basis bids at the six regional grain elevators followed by the Red River Farm Network saw a few changes compared to last week. The spring wheat basis widened by 10 cents at Minot, North Dakota and Aberdeen, South Dakota and…Grain Traders Being Cautious Going Into Year-End
Published November 30, 2020
Heading into December, Total Farm Marketing market advisor John Heinberg is expressing caution regarding the strength is in the grain markets. "We're watching the technical trends and the money flow. This is a weather market. It's all going to be…Watching for Technical Targets in Grain Markets
Published November 30, 2020
Van Ahn and Company market analyst Kristi Van Ahn is watching technical targets in the grain markets. "For corn, we're looking between the $4.20 to $4.30 range. It's first notice for the December corn today and the March corn is…Goehring Encourages Farmers to Communicate Planting Decisions
Published November 29, 2020
Preparations for the 2021 planting season are underway, and rising market prices are providing an incentive for farmers to plant more soybean acres next year. That’s why the North Dakota Department of Agriculture is encouraging farmers to communicate with neighbors…Market Analyst Impressed with Grain Market Resiliency
Published November 25, 2020
Top Third Ag Marketing market analyst Ed Duggan says the resiliency of the grain market has been pretty impressive. "These markets are like plastic tumblers, they're unbreakable. China may be washing out purchases of soybeans, but the markets are handling…