Articles tagged under: Soybeans
Regional Basis Levels Mixed
Published March 5, 2019
Cash basis bids at the six regional elevators the Red River Farm Network follows were mixed compared to two weeks ago. The changes in spring wheat basis ranges is wide. The corn basis had the most movement with basis improving…China to Purchase Additional 10 MMT of U.S. Soybeans
Published February 25, 2019
As trade talks continue between the two superpowers, China has committed to another 10 million metric ton purchase of U.S. soybeans. When Chinese Vice Premier Liu He met with President Trump in January, a five million metric ton purchase was…Another Tariff Battle is Possible
Published February 19, 2019
The Trump Administration is considering new tariffs on imports of cars and auto parts. If the White House goes forward with tariffs, it would impact approximately $360 billion in imports. That’s more than seven times the value of steel and…U.S. Soybean Industry Continues to Explore Different Markets
Published February 15, 2019
The U.S. soybean industry is exploring different markets to move an excess supply of product. At the Northern Corn and Soybean Expo, U.S. Soybean Export Council CEO Jim Sutter said the U.S. is focusing on places with big populations, developing…Explore Different Ways to Manage Soybean Aphids
Published February 14, 2019
Pesticides are the typical go-to tool for controlling soybean aphids, but that shouldn’t be the only thing farmers use. University of Minnesota Extension Entomologist Robert Koch says biological control is also important along with host plant resistance, the use of pest…Building More Demand for Corn and Soybeans
Published February 11, 2019
According to market analysts, it's difficult to build a bullish case for corn and soybeans because the U.S. needs to build more demand. "We need another ethanol-type explosion on the demand side. That's not in the foreseeable future," says Richard Brock,…Minot Farmers Still Making Crop Decisions
Published February 7, 2019
Dakota Agronomy Partners sales agronomist Alex Fornshell says there is still uncertainty about the crop rotation near Minot, North Dakota. Fornshell is expecting fewer soybean acres. "Farmers are leaning a little bit more towards wheat, corn and canola," says Fornshell. "All…Progress Seen in U.S.-China Trade Talks
Published February 1, 2019
China is back in the business of buying U.S. soybeans. Chinese Vice Premier Liu He made that announcement in a meeting with President Donald Trump Thursday. China pledged to purchase five million tons of U.S. soybeans per day. However, the…Acreage Shift Expected
Published January 25, 2019
Farm Futures is estimating U.S. soybean intentions of 84.6 million acres, down 5.5 percent from last year. Corn acreage is forecast at 90.3 million acres, up 1.3 percent from 2018. Farm Futures says more acres could be in play this…