Soybean News
The latest soybean commodity market news and insights for soybean producers and agribusiness.
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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.
Sluggish exports continue to be the main theme in the grain markets with USDA cutting both old and new crop ending stocks. Arlan Suderman of StoneX Group says the bigger story moving forward might be soft corn demand.
Bill 3372 could lower greenhouse gas emissions, mitigate factors leading to supply chain backlogs, reduce damage to roads, and provide an extra set of brakes to improve stopping capacity and safety, one lawmaker says.
When a pair of Midwest farmers dropped a backhoe bucket 8’ below mature soybeans, they made one of the most unlikely scientific discoveries of the 21st century—a woolly mammoth.
The U.S. Drought Monitor says 26% of corn acres, 20% of soybean acres and 47% of winter wheat acres are in drought. The wheat crop has little chance of revival, but corn and soybeans have a long runway ahead of them.
Reclaim is designed to help soils warm up faster, resulting in more uniform seed emergence and better plant stands.
Planting is nearing the finish line across Iowa, Illinois, Missouri and Tennessee. Much of the soybean crop saw an early start to planting, One agronomic expert thinks the stage could be set for bigger soybean yields.
“Plant early for optimum yield” is a common refrain soybean growers hear from agronomists and other crop production experts today. But when you can’t get into the field, regroup and go to Plan B.
Farmers made significant headway in planting progress last week. USDA shows nearly half of the country’s corn crop is planted and 35% of the soybean crop is now in the ground. There are several states setting records.
According to USDA-NASS, farmers in eight states are currently planting soybeans at the quickest pace farmers have ever seen, including Illinois and Missouri.
In the biggest con in agriculture history, Anthony De Angelis stole over $1 billion, shook Wall Street to its core, humiliated big banking, embarrassed USDA, and ushered in the rise of Warren Buffet.
USDA’s weekly Crop Progress Report shows 14% of the nation’s corn crop and 9% of the soybean crop is planted. Farmers in Missouri and Tennessee are planting at a rapid pace, but the upper Midwest is already behind.
When soybean seed sits in the ground for weeks, unable to germinate, the risk for Sudden Death Syndrome to develop trends higher. Yield losses upwards of 80% are documented.
As the market balances its focus between increased planting progress and the reality of saturated soils and more chances of rain and snow in the northern tier of states, commodity prices could sway planting decisions.
Row spacing is getting a closer look from farmers who are evaluating the practices that contribute most to soybean yield. Agronomic experts offer their insights here to help growers heading to the field this week.
With the impending snowstorm in the upper Midwest and Northern Plains, it may seem like the 2023 planting season will be off to a slow start. However, in states like Illinois and Missouri, planting has already started.
Farm Journal Field Agronomist Ken Ferrie says there’s a lot of value in the concept of “start clean and stay clean” for full-season weed control. He shares some advice as farmers prepare for planting this year.
USDA’s 2023 Prospective Plantings report released March 31 shows farmers intend to plant significantly more corn acres in 2023. At nearly 92 million acres, that’s a jump of 3.42 million acres from last year.
Wet weather in the Northern Plains and Upper Midwest is sparking conversations about a growing number of prevent plant acres this year. Is it too early to start conversations about the possibility of prevent plant?
Renewable diesel is revving up interest from both agriculture and the oil industry, and now oil and agriculture companies are teaming up to find additional crop sources to fuel the growing demand.
A turf made with soybeans is growing in popularity, and it’s already used in popular locations like the Las Vegas Strip, Central Park and the San Diego Zoo. The turf is made by SYNLawn, in partnership with USB.