Articles tagged under: Soybeans
Now is the Time to Lock In Profits
Published October 2, 2020
As prices go higher for corn and soybeans, Global Commodity Analytics and Consulting President Mike Zuzolo advises farmers to lock in profits if you have them. "The profit per acre mindset has to be really at the top of your…Fall Harvest Complete for Rolla, ND Farmer
Published October 1, 2020
Rolla, North Dakota farmer Doyle Lentz is completely done with fall harvest. The final soybean fields were harvested on Wednesday. "The soybeans did pretty well this year. We were surprised, because we had less than eight inches of rain during…Local Agronomist Looks at XtendFlex Trait Performance
Published October 1, 2020
At the end of September, the European Commission approved Bayer’s XtendFlex soybean trait, the final approval needed for a full launch of the product. Channel Technical Agronomist Derek Crompton has more on the new trait. "The Xtend soybeans already out…USDA Quarterly Grain Stocks Well Below Trade Expectations
Published September 30, 2020
Old crop corn carryout was at two billion bushels in Wednesday’s Quarterly Stocks Report. This is a 10 percent decline from one year ago. USDA raised demand by 2.67 million bushels and lowered harvested acres to 81.3 million. Old crop…Give Frost-Stricken Soybeans More Time in the Field
Published September 29, 2020
NDSU Extension ag engineer Ken Hellevang recommends leaving frosted soybeans in the field longer to improve color. "When the soybeans are frosted before they reach the nice golden color, the question is will they continue to change color in the…Regional Basis Bids Remain Mostly Unchanged
Published September 29, 2020
Basis bids at the six Northern Plains grain elevators followed by the Red River Farm Network remain unchanged for spring wheat for nearby delivery. Corn and soybean basis levels are also mostly unchanged from last week. Spring wheat basis for…Prioritize Corn Fields for Harvest
Published September 28, 2020
Dairyland Seed western region agronomist Brian Weller says the soybean yield reports vary. "The yields range from 20 bushels per acre in drought stricken fields to areas with good rains and fertility with 75 bushels per acre." Once soybean harvest…China Needs Soybeans
Published September 28, 2020
The soybean market continues to find strength on good demand and ideas of short global supplies. Kluis Commodities hedge consultant Jacob Burks expects demand to continue until the next South American crop is harvested next February. "China's buying right now…No Economic Incentive to Store Soybeans at Harvest
Published September 25, 2020
Farmers are cautious about selling soybeans off the combine. Midwest Market Solutions President Brian Hoops says farmers don’t really want to sell on the lower markets, but storing them is not a good option either. "There's no economic incentive to…