Soybean News
The latest soybean commodity market news and insights for soybean producers and agribusiness.
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Yes, phosphorus is expensive. But before you decide to not use it or arbitrarily pull back, try to weigh the decision based on facts and not emotion.
Steve Censky, chief executive officer of the American Soybean Association, says unless China buys soybeans soon, they may be looking at aid similar to the Market Facilitation Program used back in 2018-19 during the last trade war.
Steve Censky, CEO of the American Soybean Association says, “China imports more soybeans than the rest of the world combined and so you can’t make up the loss of the China market by gaining a little bit here or there.”
If the legal challenge succeeds, the federal court decision would result in making the technology unavailable for sale or distribution to U.S. farmers.
The amount of damage that can occur in crops depends largely upon these factors — how cold it gets and for how many hours, and the plants’ stage of development.
Crops in parts of the Corn Belt may have run out of gas with the onset of flash drought. As a result, the crop may be going backward from USDA’s August estimates.
The onset of drought and disease are causing growing concerns about the size of the U.S. corn and soybean crops this year. Analysts caution while the crops may be going backward in terms of yield, it’s possible USDA actually raises its yield estimates in the September report.
With $8 cash soybean bids in the Dakotas and Minnesota, and no bids for fall in a few markets, farmers might need to break the norm and store soybeans.
The online platform currently has about 500 programs and service providers in the Midwest participating and is a free resource for farmers, ranchers and their advisers.
The Chinese government is continuing to instruct importers to avoid purchasing U.S. soybeans. Until that changes, soybean prices are likely to remain low.
Will this be the summer of drought that never fully materialized for these two crops? While there are areas of dryness, both continue to flourish. Here’s a look at how August weather is expected to finish out this week across the country, as September comes into view.
The agency is acting on a backlog of more than 175-petitions from 38-small refineries dating all the way back to 2016.
On the heels of Crop Tour, Pro Farmer projects corn yields at 6.1 bu. below USDA’s August estimate, while soybean yield numbers are nearly aligned.
The Minnesota corn crop is going for gold. Pro Farmer Crop Tour scouts expect the crop will reach a record 202.86 bu. average, if it can outpace southern rust and tar spot. Scouts peg the Iowa corn crop at a 198.43 bu. average, but it also faces disease challenges.
Iowa could be the nation’s top state this year for corn and soybeans, but both crops are in a race to beat disease pressure that’s gaining momentum. Illinois corn continues to ride the struggle bus, while the soybean crop there is positioned to deliver high yields.
Marion Calmer is renown for his corn harvesting innovations. The fourth-generation Illinois farmer also has a wealth of practical knowledge about how to take more beans to the bin — and freely shares some of his insights and ideas here.
Elevated levels of the disease are trending currently, and are of ‘serious concern’ over the next eight weeks, say researchers.
One concern cited is that USDA tends to aim too high with its August yield estimates, based on what the data shows from the past decade. The other concern is how strong demand will be, given corn carryover projections.
Farm Drone News: AgEagle Multispectral Sensor, GPS Satellite Launched and Rantizo Spins Off Software
A quick roundup of recent news from the world of agricultural drones and allied industries.
Joe Glauber, senior research fellow with the International Food Policy Research Institute, says the trade imbalance may not be as concerning as it looks on the surface.
President Trump is urging China to buy more U.S. soybeans as they face a shortage, but analysts say quadrupling soybean orders is ‘highly unlikely.’
A crop-protection startup is using AI and machine learning to identify and develop new active ingredients it says will help farmers solve issues like weed resistance faster and more economically.
Some growers are considering rescue treatments with post applications of products. But as the calendar turns to August and the crop enters reproductive stages, that can be a risky undertaking at best, agronomists say.
Mike Steenhoek, executive director of the Soy Transportation Coalition, says if approved the merger could change the shipping landscape with both winners and losers.
Got tar spot? Economic data shows two passes can offer ROI, depending on the hybrid. However, if your crop got dinged at pollination that’s a different scenario and might require a revised game plan that takes yield estimates into consideration.
An up-and-down early growing season in the Upper Midwest left many soybean farmers with small, stressed soybean plants. Find out what the carbon penalty is and learn strategies to beat it and save the crop.
Portions of the central Plains, the Upper Midwest and the Mid-Atlantic will be in a heat dome by Tuesday. But first, those regions will see thunderstorms and heavy rains this weekend, according to the National Weather Service.
Both diseases are showing up earlier this summer than last year, according to Daren Mueller, Iowa State University plant pathologist. He says a new interactive tool from the Crop Protection Network can help farmers locate these diseases, and others, faster.
This year’s program features all new agronomic content to help farmers grow and harvest high-yielding crops. Two of the key sessions: selecting a corn planter that’s right for your farm, and developing a systems approach to success with early-season soybeans. We look forward to seeing you there!
Many early-planted soybeans in the Midwest are in the R2 to R3 growth stages now, ideal treatment timing for most disease issues. Agronomists offer three reminders to help you make the call — plus a fourth tip on herbicide rescue treatments.