Articles tagged under: Soybeans
A Record Export Pace
Published November 16, 2020
American Soybean Association President Bill Gordon is pleased to see China buying U.S. soybeans again. "We just set a record pace of soybean exports. We had decent yields and there will be some tight carryout, but soybeans will be the…An Atypical Harvest Market
Published November 10, 2020
Going into the November Supply and Demand Report, the Money Farm market analyst Luke Swenson says grain traders were optimistic the USDA would tighten supplies, but the trade was only looking for a small reduction to corn and soybeans. "Then,…Global Ending Stocks Reduced in November Report
Published November 10, 2020
The USDA cut global ending stocks of corn by nine million tonnes from last month to 291 million metric tons, due to the reduction in the U.S. crop. Global soybean production was cut 2.2 million tonnes from last month to…USDA Report Highlights Strong U.S. Crop Demand
Published November 10, 2020
In the November Supply and Demand report, USDA lowered U.S. production and raised demand more than expected. U.S. corn production was lowered to 14.5 billion bushels on a yield of 175 bushels per acre. Soybean production was lowered to 4.1…Brazil’s Soybean Supplies Tight
Published November 8, 2020
Brazil soybean supplies remain tight as planters are rolling. According to Bower Trading market analyst Ben Kasch, demand is the driver. "We saw really strong export sales last week, especially for soybeans. This market seems to have a lot of…U.S. Grain Shipment to Brazil Friendly for Markets
Published November 8, 2020
News that Brazil is buying U.S. soybeans will impact supply. Martinson Ag Risk Management President Randy Martinson thinks Brazil will need to buy corn, too. "That's been helping the corn market. To see the grain shipment going to Brazil is…Price Rationing Seen in Soybeans
Published November 6, 2020
Soybean prices topped $11 this past week. Zaner Ag Hedge Chief Market Strategist Ted Seifried said these price levels haven’t been seen in four-and-a-half years. "Psychologically, it is a thing. From the technical perspective, $11 didn't mean a whole lot,…Basis Bids Remain Unchanged at Local Grain Elevators
Published November 4, 2020
Basis levels at the six regional grain elevators followed by the Red River Farm Network remained nearly unchanged from one week ago, while futures prices moved higher resulting in cash prices increasing 10 to 15 cents for corn and spring…Brazil’s Second Crop Corn at Risk
Published November 3, 2020
Planting is 30 days behind in Brazil. Ag business consultant Kory Melby says the recent rains have generally been adequate for soybean germination and planting, but dry spots remain. "There is concern in Parana state, because the soybeans are lacking…