Soybean News
The latest soybean commodity market news and insights for soybean producers and agribusiness.
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Out of the gate this morning, scouts saw a high of 208 bu/A for corn and a low of 92 bu/A. In the West, the initial report is positive for South Dakota with “better than last year” the key phrase scouts are repeating.
Experts anticipate better prices and supplies to end 2023 after the surge in 2022 made for some of the most expensive crops ever.
Brad Nelson and Tim Gregerson farm on opposing legs of the 2023 ProFarmer Crop Tour. They share a field preview with AgriTalk Host Chip Flory, and their crop conditions couldn’t be farther from the same.
Some of the research now underway at the facility is focused on improving germplasm performance, launching stacked, next-generation differentiated traits and demonstrating regenerative agriculture cropping systems.
Pro Farmer Crop Tour’s data-gathering methods are disciplined, which produces consistent results. We break down the when, where, why and how behind the numbers.
State regulations, insists Steven Slonaker, can be more burdensome than federal oversight to farmers and private landowners.
USDA’s first farmer survey-based yield estimate offered few surprises, but analysts warn the estimates might already be out of date due to rain that fell after Aug. 1. USDA also made more cuts to demand.
A new report examines a future without glyphosate, showing if the herbicide was no longer available for farmers, the immediate impact would be costly to the economy, farmers and the environment.
The ag port addition is expected to increase exports of DDGS, corn and soybeans by 400,000 metric tons each year.
Nonconformity is nature in Bill Jones’ triple-cropping world. “This is about ROI, hitting yield averages, and taking care of my soil,” says Jones. “Home runs are fine, but they’re for somebody else to chase.”
The dramatic development of the U.S. renewable diesel industry is similar to how ethanol changed the U.S. corn industry. But it could be more even disruptive.
The U.S. corn crop is consistently declining in condition. Currently 57% of the crop has a good or excellent rating, which ties with 2019 for the week’s worst corn condition rating since 2012.
Use this guide to understand the vegetative and reproductive stages of soybeans.
High input costs, excessive disease pressure or commodity prices — any of these factors could be pushing you to plant back-to-back corn or back-to-back soybeans.
The bare-bones simplicity of chaff lining may offer farmers with resistant weed control for pennies on the dollar. Chaff lining is showing major promise in ongoing Iowa field trials.
On the low end, expect to invest at least $50 an acre in the Midwest and $85 in the South for products. Some corn and soybean farmers are evaluating adjuvants and management practices that could help trim expenses.
In Bob Lindeman’s soybean rows, planting populations are on a general decline, and the reduction is not about saving dollars up front, but on combatting mold and rot.
The biggest surprises included a 4-bu. reduction in corn yield and soybean ending stocks came in at 300 million bushels, which is 100 million bushels higher than trade estimates.
The next opportunity for USDA to adjust its corn yield forecast is next week during the July WASDE report. Currently, USDA has penciled in a 181.5 bu. per acre national yield, but analysts think it may be too optimistic.
Double-digit yield losses are not uncommon. To date, 14 Illinois counties have confirmed the disease, and it’s being scouted for elsewhere by seed company and Extension pathologists and agronomists.
In-field and classroom sessions will address making changes to your crop rotation, tillage systems or nutrient placement; managing early-planted soybeans; evaluating below-ground issues that impact corn yields; and more.
The National Drought Mitigation Center estimates 67% of corn and 60% of soybeans are still considered to be in drought, a slight improvement from last week when drought covered 70% of corn and 63% of soybeans.
USDA released a few big surprises in the June acreage report, including a spike in corn acres and a large reduction in soybean acres. The agency also forecasts grain stocks below trade expectations.
The pest is showing up in early-season soybeans. Current numbers don’t necessarily warrant treatment. Because the pests can double in population in only a few days, scouting is the only way to stay on top of them.
The Ag Economists’ Monthly Monitor is a new survey of nearly 50 economists. Most ag economists agree the next 12 months could produce more financial pressure for agriculture, but their views vary depending on commodity.
Despite weekend rains sweeping the northern Corn Belt, corn and soybean conditions sit at the second-lowest level in history. Sizable declines hit key areas of the Corn Belt as corn enters a critical time for production.
Drought is deepening across the Midwest with 64% of the corn crop and 57% of the soybean crop across the U.S. now covered in drought, a sizable jump in just a week after NASS showed a historic drop in condition ratings.
November soybeans shot up $1 in just two days. The December corn contract skyrocketed 50 cents during the time. Drought and dryness concerns are fueling the grain markets, is it only weather impacting prices?
Drought continues to deepen its grip across the Corn Belt, with Iowa and Illinois seeing large jumps in the moderate and severe drought categories. Now, more of the U.S. corn and soybean crop is covered in drought.
The new technology is designed to improve seedling vigor, boost root biomass and contribute to yield increases – up to 15% in corn and 12% in soybeans. It will be commercially available starting in 2024.