China Key to Beans?

October 5, 2011 09:07 AM
 

Soybean yield is estimated at 41.8 bu. per acre for a total of 3.09 billion bushels with a midpoint price of $13.65, according to USDA’s Sept. 12 Crop Production report.

The key to maintaining the higher price is whether China continues to import at high levels. Chad Hart, ag economist at Iowa State University, believes China will continue to be a strong buyer of U.S. soybeans, although at a reduced rate.
 

Back to news


Comments

 
Spell Check

No comments have been posted to this News Article

Corn College TV Education Series

2014_Team_Shot_with_Logo

Get nearly 8 hours of educational video with Farm Journal's top agronomists. Produced in the field and neatly organized by topic, from spring prep to post-harvest. Order now!

Markets

Market Data provided by QTInfo.com
Brought to you by Beyer
Close