Soybean News
The latest soybean commodity market news and insights for soybean producers and agribusiness.
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Catch up on recent headlines from AMVAC, Intrepid Potash and the Illinois Soybean Association.
While it’s unclear how Congress will push through the Farm Assistance and Revenue Mitigation Act, it’s likely going to be via the Continuing Resolution. Depending on how payments are calculated, farmers could receive $101 per acre for corn, $53 for soybeans and $73 for wheat.
December might provide an opportunity. Another consideration is moving to no-till. Ferrie also addresses recouping dollars on ground that is going into solar projects.
Trump’s plans to roll out blanket import tariffs could slam the door on imported vegetable oil supplies, which renewable energy analysts said could in turn lure the U.S. crush industry to revive lagging plans to build new plants and expand capacity.
The good news is a Trump presidency and Republican-controlled Senate might result in fewer regulations and lower taxes. The bad news is the U.S. could be headed for a possible trade war with China and other countries.
The Risk Management Agency just released official harvest prices for federal crop insurance — and they came in well below the base prices set back in February.
The $700 million deal frees AGCO up to focus on its machinery and precision ag technology products.
The latest efforts in Washington D.C. could change the size of opportunity for farmers who sell their grain with a carbon intensity score.
The Soy Transportation Coalition says every foot of reduced water depth or draft is the equivalent of loading 7,000 fewer bushels of soybeans per barge.
In addition to planting soybeans early and applying fungicide, Dan Vogel puts on the appropriate amount of nutrients for the given year, instead of trying to bank nutrients or apply a two-year spread.
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.