Soybean News
The latest soybean commodity market news and insights for soybean producers and agribusiness.
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With extreme heat predicted for much of the U.S., USDA meteorologist Brad Rippey says growing conditions the Midwest should be favorable.
According to Reuters, production capacity of sustainable aviation fuel in the United States could jump by 1400% in 2024. The U.S. Energy Information Administration (EIA) says that jump will happen if all the previously announced capacity additions come online.
Crop consultant Michael Cordonnier says there might be a half million to 1 million U.S. corn acres lost due to the flooding, according to Pro Farmer.
The latest Ag Economists’ Monthly Monitor, a survey of nearly 70 ag economists from across the U.S., shows the lack of exports, as well as the current crop prices, are eroding outlooks on the crops side. While strong beef demand and cheaper feed prices are creating more optimism in cattle.
From more corn acres than expected to a large increase in corn and soybeans currently being stored on farm, market watchers are still digesting USDA’s big June Acreage and Grain Stocks reports.
Could reducing your soybean seeding rate increase profit per acre by $40? In the right situation, yes. Make it a priority to dial in population, row width and plant characteristics for each soil type and planting date.
A new 75,000-square-foot green ammonia fertilizer production and distribution facility is online in Boone, Iowa. The modular plant creates 82-0-0 anhydrous ammonia from air, sun, and water.
Crop conditions continue to fall as extreme weather plagues this year’s growing season.
Rootless corn syndrome, nitrates, carbon penalty, waterhemp woes and tar spot are bearing down on corn and soybean crops now. The good news? You can take action so they aren’t a drag on crop performance all season.
USDA’s corn and soybean ratings are down again this week amidst extreme weather events across the country.
In 2022, when Alex Harrell cut his land base in half, yield instantly became even more crucial. Little did he know, the next year he’d break the soybean record. Drones play a big role in his high-management approach.
According to USDA, the amount of corn and wheat in good condition has declined while the plants in fair to poor condition has increased.
According to USDA’s latest crop progress report, 91% of corn acres and 78% of soybean acres have been planted. This is the first week the report notes corn condition with 53% good and 30% fair.
Heavy rains and high winds are contributing to dangerous dust storms and other issues in farm country. Ken Ferrie offers his take on stewardship practices that can help growers prevent or minimize these problems.
Row crop planting has picked up considerable steam over the last week with corn acres now at 80% complete and soybeans at 68%. Both crops are ahead of the five-year average.
Soybean planting crossed the halfway mark across the U.S, and the corn planting is 70% complete. The latest USDA Crop Progress Report shows farmers in parts of the U.S. made major headway over the past week.
2024 Farm Journal Corn and Soybean College: Learn How to Ride the Waves of Farming’s Economic Cycles
This year’s program focuses on practices growers can use to thrive and keep their farms on track. Make plans to join Ken Ferrie and team for the event, which is slated for July 23 and 24 near Heyworth, Ill.
The House Farm, Food, and National Security Act of 2024 introduces significant changes to reference prices, specialty crops, and trade promotion, while also addressing foreign farmland ownership.
Bayer has requested a new label for XtendiMax from EPA. Public comment is underway. Also, farmers and retailers are urged to verify final sale and use cutoff dates for dicamba-based products in their respective states.
This week’s USDA Crop Progress report shows corn planting five percentage points (49% planted) behind average, while soybean planting has slowed to just a single percentage point ahead (35%).
Farmers are moving fast and furious in fields this week, trying to get crops in the ground. But Mother Nature is playing havoc with their best efforts. Ken Ferrie addresses six concerns to help farmers make progress.
This week’s USDA Crop Progress report shows corn planting overall is currently three percentage points (36% planted) behind the five year average, while soybean planting is four points ahead (25%) of historic pace.
Iowa State University Extension research shows weeds not controlled after the V2 growth stage can reduce yields by up to 1% per day. Uncontrolled weeds can also contribute to harvest difficulties and weed seed banks.
So far, 12 states out of the 18 total reporting acres of corn planted are ahead of the five year average.
Corn planting is now 2% ahead of the five year national average, while soybeans are currently 4% ahead, according to the April 22, 2024, USDA Crop Progress report.
Get crops off to a good start with these weed control tips
USDA reports 3% of the country’s soybean crop is in the ground, the same as this time last year but two points ahead of the average pace. In all 10 states are reporting progress, and planting is ahead of average.
Along with too much moisture, high numbers of corn flea beetles are posing an early-season concern. Ferrie advises checking your Stewart’s wilt bacteria rating on hybrids. There’s no treatment option for infected corn.
BASF’s new website, SCNFields.com, is dedicated to helping growers manage risk against Soybean Cyst Nematode.
Some Illinois farmers started planting soybeans in late March. Ken Ferrie offers tips to help you weigh the risks of planting now. Plus, be aware that poor saturated cold scores are impacting some seed corn hybrids.