Articles tagged under: Soybeans
FSA Confirms Large 2020 Prevent Plant Acres in Dakotas
Published August 13, 2020
In their first prevent plant estimate of 2020, the Farm Service Agency says there are nearly nine million prevent plant acres across the country. North Dakota has the most at more than 2.57 million acres. The majority of those acres…USDA Forecasts Larger Corn and Soybean Yields in August Report
Published August 12, 2020
As expected, USDA’s August Supply and Demand Report has the U.S. corn yield pegged at 181.8 bushels per acre. The soybean yield estimate of 53.3 bushels per acre is slightly higher than pre-report trade estimates. The 2020 U.S. ending stocks…A Big Month Ahead for Grain Markets
Published August 10, 2020
There’s a big month ahead for the grain markets. Van Ahn and Company market analyst Kristi Van Ahn says it all starts with Wednesday’s USDA Supply and Demand report as traders monitor the U.S. crop. "This crop report will be…Market Encouraging Farmers to Store Corn and Wheat, Sell Soybeans
Published August 10, 2020
Ahead of harvest, farmers are starting to make decisions regarding on-farm storage and capacity. It could be benefit farmers to have on-farm storage this year, but farmers should weigh the costs and benefits. A combination of the futures and cash…Lightly Mixed Basis Bids Noted in Northern Plains
Published August 8, 2020
Basis bid at the six grain elevators followed by the Red River Farm Network were lightly mixed compared to one week ago. Spring wheat basis ranges 20 cents to 80 cents under the September futures, with cash bids ranging from…Evaluating the U.S. Supply-Demand Story
Published August 8, 2020
Market analysts continue to evaluate the demand changes from China’s robust purchases of corn and soybeans and how this compares to the U.S. crop supply. "Right now, the perception is the supply is growing at a faster pace than demand,"…Supply Story Keeps Pressure on Grain Markets
Published August 6, 2020
The size of the U.S. crop is outshining export sales. According to Summit Commodities market analyst Tim Marsh, the supply story will continue to keep pressure on the grain markets. Traders are awaiting the details of the USDA August supply…Local Researcher Takes Closer Look at IDC Soybean Scoring
Published August 4, 2020
Peterson Farms Seed Research Director Dennis Schultze is exploring more accurate and reliable scoring methods for soybean defense against iron deficiency chlorosis. Variety scoring is happening right now and Schultze says it is a complex process. "There have been many…China’s Corn and Soybean Buys a “Pleasant Surprise”
Published August 3, 2020
China purchased more corn and soybeans from the United States this past week. Commodity Risk Management Group President Mike North says the purchases are a pleasant surprise because this isn’t the time of the year China typically buys from the…