Soybeans
The volatility in commodity markets seems to be picking up where prices left off to close out 2021. On Friday, soybean prices rebounded to see a double-digit gain. Analysts say weather continues to move the markets.
USDA currently pegs soybean plantings at 87.5 million acres. Market analysts offer projections both above and below that number and explain their rationale, which includes the South America crop and weather forecasts.
The earlier soybeans flower, the higher odds of more pods and beans.
A new report by EPA shows despite increased restrictions on dicamba, more than 3,500 issues were reported this year with dicamba drifting onto other crops. Three grower groups say the data could have significant gaps.
It was another volatile week in the commodity markets. So, what’s helping and hindering prices? Darin Newsom of Darin Newsom Analysis and Tommy Grisafi of Advance Trading break down the factors impacting the markets.
As airlines jet out to reduce their carbon footprint, renewable diesel and sustainable aviation fuel are taking flight. And analysts say it could be a demand boon for U.S. farmers.
Devastation Caused by Mid-December Tornado Mounts as Farms and Extension Research Facility Flattened
The devastation created by a rare mid-December tornado is still being assessed. Thousands of structures were demolished in the storms. University of Kentucky’s research station in Princeton was destroyed.
Global demand has been stable even as shrinking supplies have pushed prices to multiyear highs, but recent shortfalls in some U.S. exports are an example of how U.S. products are priced out of the market when costs soar.
USDA’s recent 10-year price projections showed economists expect crop prices to decline, and for analysts and economists digging into the numbers, sustainable aviation fuel was missing from expected soybean demand.
EPA released an environmental impact evaluation of commonly used herbicides such as glyphosate and atrazine. The report released Nov. 12 has several ag groups frustrated, even questioning “the science” EPA used.
Public policy to reduce carbon emissions is fueling demand for bio-based fuels.
Is your soil lacking beneficial rhizobia? The right inoculant helps nitrogen fixation, but only if used correctly.
Yellow soybeans? That probably isn’t a good sign. What’s happening, exactly?
Some Illinois elevators are taking soybeans with up to 18% moisture. Another option is if you have open bins with good air capacity, you might be able to put beans in the bin and apply air and heat to them.
Interest in renewable fuels burns bright and farmers will have some acreage decisions to make as production ramps up.
Southwest Airlines announced the airline plans to replace 10% of its total jet fuel consumption with the sustainable aviation fuel by 2030. The push for sustainable aviation fuel could be a big demand boon for soybeans.
USDA’s October Crop Production and WASDE reports caused the soybean markets to tank Tuesday. One analyst says he thinks USDA’s soybean could could continue to rise as soybean demand shows signs of trouble.
USDA’s October report shows U.S. corn and soybean crops are larger than what USDA forecast in September, but the biggest question came to soybean demand. Soybean prices were down double digits after the report.
CBOT soybean futures slumped on Monday, as traders jockeyed for position on what is shaping up to be a large U.S. harvest and ahead of a U.S. production forecast this week that is expected to be bearish.
And other reasons you should care about infrastructure.
Growth in renewable diesel could revolutionize the U.S. soybean industry.
U.S. soybean futures hit their lowest since December on Monday, with concerns over exports in focus after U.S. Trade Representative Katherine Tai pledged to press Beijing over its failure to keep trade promises.
Louis Dreyfus Company said Friday one of its soybean crushing plants in China halted operations this week, amid widespread curbs on power consumption that hit manufacturers in a number of sectors across the country.
Indelicate handling systems can damage germination rates in soybeans.
According to the Soy Transportation Coalition, the 256-mile stretch of the Mississippi River from Baton Rouge, Louisiana, to the Gulf of Mexico accounts for 60% of U.S. soybean exports, as well as 59% of corn exports
AgriTalk’s Chip Flory is joined by Mike Kinley to share northwest Iowa’s upcoming soybean-crushing plant.
The full impact from Hurricane Ida is still unknown. The uncertainty was partially to blame for a major market sell-off Monday with September soybeans closing 54 cents lower and September corn down nearly 18 cents.
Hurricane Ida packed a punch of 150 mph winds this weekend, crippling grain shipping facilities in a key export area along the lower Mississippi River. Now it’s a question of how long export activity could be shuttered.
A day after USDA showed declining crop conditions for the U.S. soybean crop, September soybean future skyrocketed, closing 43 cents higher on the day. Demand also played a factor in the markets Tuesday.
Corteva Inc has launched a new genetically modified soybean seed in Brazil following approval of the product in the European Union, a move likely to fuel competition on the local biotech seeds market.