Articles tagged under: Soybeans
Slightly Higher Corn Yields in USDA Report
Published January 10, 2020
USDA is estimating 2019 corn yields at 168 bushels an acre. That's at the high end of trade estimates and a slight increase from last month. The U.S. soybean yield estimate is at 47.4 bushels an acre, a half a…2019 Corn and Soybean Production Increases in USDA Report
Published January 10, 2020
The 2019-2020 U.S. corn production is forecast at 13.69 billion bushels. Higher yields were offset by a reduction in the harvested area. Corn harvested acres are at 81.5 million. U.S. soybean production is at 3.55 billion bushels, boosted by an…Lower Ending Stocks Noted in Report
Published January 10, 2020
USDA January Supply and Demand report is estimating corn ending stocks at 1.89 billion bushels, down from 1.9 billion in December. Soybean ending stocks are estimated at 475 million bushels, unchanged from December and wheat ending stocks are estimated at…USDA Lowers Quarterly Grain Stocks
Published January 10, 2020
USDA lowered its quarterly grain stocks estimate for corn more than the trade was expecting to 11.38 billion bushels. That's friendly news for traders. Soybean quarterly stocks are estimated at 3.25 billion bushels, in the middle of trade expectations. Quarterly…Profitability Projections Vary by Crop and Region
Published January 10, 2020
According to the new crop budgets from NDSU Extension, the outlook varies widely by region and crop. Spring wheat is projected to be in the red for all parts of North Dakota except the northeastern corner of the state. There…Equity Drive Continues for Epitome Energy
Published January 3, 2020
The equity drive continues for Epitome Energy's proposed soy processing facility in Crookston, Minnesota. Epitome Energy President and CEO Dennis Egan says they've also started the permitting process. "We contracted with two firms in Minnesota to do that work. We've…Cash Grain Basis Widens in Final Weeks of 2019
Published January 3, 2020
Cash grain basis bids at the six regional grain elevators followed by the Red River Farm Network widened in the last two weeks of 2019 as futures prices improved. The net cash price of 14 percent protein spring wheat improved…November Stats Canada Report Shows Mixed Crush
Published December 24, 2019
Statistics Canada says Canada’s canola processors crushed 829,300 metric tons of canola and 156,600 tonnes of soybeans in November. The canola crush is one percent more than last year, while the soybean crush is down 17 percent from one year…Phase One Trade Deal Secured
Published December 16, 2019
While the U.S. and China have an agreement, in principle, for a phase one trade deal, both countries will now move to a legal review of the language. They also need to determine how to handle the signing of the…