Articles tagged under: Soybeans
Seasonal Basis Bids Continue
Published September 23, 2022
Basis bids at the six regional grain elevators followed by the Red River Farm Network are reflecting seasonal harvest bids. Spring wheat bids range from 50 to 98 cents under the December Minneapolis futures contract. Corn basis ranges from 30…Consistent Wheat Quality
Published September 17, 2022
West Central Ag Services Territory Sales Manager Clyde Kringlen is happy with the wheat harvest. "One grower said over his three week harvest, the quality stayed the same with the first load as the last load." Soybean harvest is rapidly…Soybeans Steal the Show
Published September 12, 2022
The September USDA report was friendly for the soybeans, neutral for corn and wheat markets. USDA is forecasting the U.S. soybean yield at 50.5 bushels per acre, a decline from the August estimate of 51.9 bushels per acre. That sent…East River and West River Crops Differ
Published August 28, 2022
American Soybean Association Chairman Kevin Scott farms east of Sioux Falls and says South Dakota’s crop is highly variable. "The eastern edge has had some rains so the crop looks good there, but the western portion of the state is…Pro Farmer Tour: The SD Corn and Soybeans Aren’t Great
Published August 23, 2022
On its first day, the western leg of the Pro Farmer crop tour traveled from Sioux Falls, South Dakota to Grand Island Nebraska. Pro Farmer’s Chip Flory says the southeastern corner of South Dakota is terrible. "One year ago when…Good Rains for the Soybeans, Corn Needs More GDUs
Published August 23, 2022
Mid-August rains are good for the soybeans growing near Warren, Minnesota. North Star Ag Services owner Jacob Edgar says it should end up being a good crop. "The beans are putting on pods at the top, filling up. The majority…Fewer Corn and Soybean Acres in Dakotas and Minnesota
Published August 12, 2022
USDA’s re-surveyed acreage data from the Dakotas and Minnesota shows 100,000 fewer corn acres. Summit Commodities market analyst Tim Marsh says there's also fewer soybean acres. "Acreage went down nearly 300,000 acres on soybeans when they adjusted for differences in…Corn and Wheat Ending Stocks Lowered, Soybean Ending Stocks Raised
Published August 12, 2022
USDA lowered new crop corn ending stocks from 1.47 billion bushels to 1.38 billion in Friday’s Supply and Demand report. The season average corn price is unchanged at $6.65 per bushel. Soybean ending stocks are raised 15 million bushels to…USDA Report Neutral for Corn, Bearish for the Soybeans
Published August 12, 2022
USDA lowered the corn yield forecast from 177 bushels per acre to 175 bushels per acre the latest USDA report. That lowers new crop corn production to 14.3 billion bushels. The soybean yield was the big surprise. USDA raised the…