Articles tagged under: Soybeans
Regional Basis Levels Mostly Unchanged
Published July 6, 2022
Cash grain bids at the six regional grain elevators followed by the Red River Farm Network are mostly unchanged for spring wheat. New crop basis ranges from 50 to 80 cents under the September Minneapolis futures. Corn basis ranges from…Quarterly Stocks Report Released
Published July 3, 2022
USDA's Quarterly Stocks report estimated corn supplies on June 1 at 4.3 billion bushels, six percent more than one year ago. Of the total, more than two billion bushels are stored on farm. Soybean stocks totaled 971 million bushels. That's…More Corn, Fewer Soybean Acres
Published June 30, 2022
According to the USDA's June acreage survey, U.S. farmers planted 89.9 million acres of corn this year. That’s down from 93.3 million last year, but slightly more than 89.5 million acres estimated in March. Soybean acres are estimated at 88.3…Acreage Report Out This Week
Published June 27, 2022
The trade is anxiously awaiting Thursday's USDA acreage report. Bolt Marketing market analyst DuWayne Bosse anticipates more prevent plant than USDA’s initial forecast. "We know USDA penciled in some prevent plant, but is it 1.5 million or 2.5 million?" Bosse…Outside the Box Thinking
Published June 22, 2022
SB&B Foods President Bob Sinner is interested in efforts to encourage more shipping containers out of the Port of Duluth. Sinner ships food-grade soybeans in container via rail. "As there are fewer carriers in the world running direct routes, big…Soybeans Planting Season is Wrapping Up
Published June 13, 2022
It’s past the final planting date for soybeans across the Red River Farm Network listening area, but farmers may keep planting. GL Crop Consulting Senior Crop Consultant Greg LaPlante works with growers in southeastern North Dakota. "Availability of seed is…A Value in Food Grade Soybeans
Published June 10, 2022
Specialty Soya and Grains Alliance Manager of Strategic Programs Shane Frederick says attendees at the Northern Crops Institute tour see the value in U.S. food grade soybeans. "We're trying to grow that. The SSGA put out a U.S. identity preserved…CONAB Boosts Corn Production Estimate
Published June 10, 2022
Brazil’s crop supply agency CONAB raised the current corn crop estimate from 114.6 million metric tons to 115.2 million in Wednesday’s report. CONAB left corn exports unchanged at 37 million tonnes. CONAB raised Brazil’s soybean production slightly from 123.8 million…Wheat Markets Sharply Higher
Published June 6, 2022
Loewen and Associates market analyst Matt Hines says the wheat market is sharply higher on short covering and Russia-Ukraine news. "It started with the overnight trade. Wheat, corn and soybeans moved higher. Since then, corn is still holding on. The…