Soybean News
The latest soybean commodity market news and insights for soybean producers and agribusiness.
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Take a controlled, calibrated approach to the process, advises Ken Ferrie. That will help you build a framework for high yields next season and protect soil nutrient levels in the process.
The report shares markets are at a crossroads—prices could move in either direction.
A seasoned crop consultant shares a list of items that are sure to make scouting a bit easier this spring.
No component on a combine functions independently; the header, feeder house, thresher, separator, cleaning fan and straw chopper all interact with effects that can reach all the way to planting.
The Farmer First Fuel Incentives Act has been introduced in both the Senate and the House. A bipartisan group of lawmakers has proposed extending the 45Z tax credit through 2034.
Dealers are running a promotion to unlock smart spraying technology for more customers for a limited time this fall.
While bulk grain exports would be largely unaffected, the strike would impact containerized agricultural exports: Soybeans, soybean meal, and other agricultural products exported via containers would be affected.
Darren Frye, Water Street Advisory, says the Fed cutting interest rates by 50 basis points could be huge for agricultural markets.
Leading into the report, surveys showed analysts expected USDA to decrease yields. Instead, the agency bumped the national corn yield by a half a bushel.
China’s soybean imports reached a record high in August 2024, reflecting significant growth in the country’s demand for the oilseed, but meat imports declined.
FAPRI Updates Ag Baseline Projections, Painting a More Negative Picture for Soybean Prices Than USDA
In the absence of new shocks to the weather, the macroeconomy or policy, FAPRI projects prices will generally remain near current levels over the next five years.
Agricultural imports are expected to reach a record $212 billion, up $8 billion from FY 2024. This increase is largely due to rising imports of horticultural products, sugar and tropical products.
As the 2024 growing season starts to wind down in the Midwest, the weather to this point has been “uneventful,” describes Brad Rippey, USDA meteorologist.
According to a recent AgWeb survey, 52% of farmers say they don’t plan to sell their old crop corn before harvest and 60% say they’re holding on to their old crop soybeans too.
Corn yield estimates in South Dakota are less than 1 bu. per acre lower than 2023 tour estimates while soybean pod counts are up. Ohio’s corn yield estimates are slightly lower than last year and soybean pod counts came in 1.84% lower.
The new numbers show that net farm income will fall $6.5 billion or 4.4%. This is compared to projections released in February suggesting it would fall 26%.
Based on trials conducted at the University of Illinois Urbana-Champaign, postdoctoral researcher Connor Sible shares tips for getting the most out of your bean crop.
U.S. corn prices hit a four-year low as the prospect for record corn and soybean crops takes shape in the field. The eroding outlook also appeared in the August Ag Economists’ Monthly Monitor.
On the heels of Crop Tour, Pro Farmer projects corn production below and soybean production above USDA estimates. Here’s the yield breakdown for seven Midwest states.
The fourth and final day of the 32nd Pro Farmer Crop Tour wrapped up on Thursday, Aug. 22, with numbers from Minnesota and eastern Iowa samples combined for full Iowa results.
The Illinois corn crop didn’t quite meet USDA’s expectations of 225 bu./acre, but it hit 204.14 bu. At the same time, Iowa’s soybean crop is putting out big numbers.
The corn yield estimate in Indiana is nearly 7 bu. per acre above the 2023 tour estimate; the soybean estimate is up 7.56%. Nebraska’s corn yield estimate is just over 6 bu. per acre higher than last year, and the soybean estimate is up 1.07%.
Gradable has more than 20,000 farmers users totaling 12 million acres and has facilitated more than $30 million in financial incentives for sustainable/regenerative practices every year.
Is there anything farmers can do to agronomically plan for the unpredictable? Two agronomists weigh in with strategies to decrease risk.
The latest WASDE report from the USDA forecasts record-breaking yields in five of the states Pro Farmer Crop Tour will tour —Indiana, Illinois, Iowa, Nebraska and South Dakota. Illinois could see an amazing average corn yield of 225 bu. per acre.
A new Kansas City Fed report shows farm incomes continued to weaken, particularly in crop-heavy states like Kansas, Missouri, and Nebraska, while cattle prices provided some support.
Soil Scientist Outlines New Soil Health Focus for Company
Farm Journal Field Agronomist Ken Ferrie shares two videos to explain how to successfully set and operate your hybrid chisel and inline ripper.
When Wayne Cryts stole his own soybeans from a bankrupt elevator, he triggered the wrath of a government hellbent on his imprisonment.
Many bean crops are somewhere between R2 to R4 right now, prime time for a foliar application if disease or insects warrant. Check out our agronomist’s video on staging your crop to get optimum ROI.