Soybean News
The latest soybean commodity market news and insights for soybean producers and agribusiness.
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Mike Minor, Professional Ag Marketing, says the markets shook off tariff talk and saw positioning end of month and before first notice day Friday.
2024 marks an end to Jay Reiners’ farming career. None of his kids are interested in coming back to the farm, so he’s retiring. With no regrets, he knows the legacy of the farm lives on in the success of his children.
Jim McCormick, AgMarket.Net, says corn and soybeans slid on possible tariffs being placed on Mexico, Canada and China. Wheat ends higher on short covering.
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.
Randy Martinson, Martinson Ag, says market reaction has been muted to possible 25% tariffs on Mexico and Canada and 10% on China on the first day of the Trump administration.
Kent Beadle with Paradigm Futures says soybeans built on Friday’s bullish reversal with talk China is looking for more U.S. soybeans. Cattle had a volatile session with a bearish Cattle on Feed Report and sorting through import restrictions on Mexican cattle due to New World Screwworm.
Brad Kooima, Kooima Kooima Varilek, says cattle futures shook off the bearish Cattle on Feed Report numbers with an announcement of New World Screwworm detected in Mexico. Soybeans built on the key reversal Friday on talk of China buying U.S. soybeans.
Tomm Pfitzenmaier with Summit Commodity Brokerage says farmers need to use the strong basis levels, especially on corn, to make some cash sales. However, there are options they can use to take advantage of a rally later on.
Nine-year-old social media sensation @justajacksonthing will create content for John Deere’s social media channels to bring awareness to the people working tirelessly in agriculture.
Scott Varilek of Kooima Kooima Varilek says cattle futures are being led by the feeders and the cash market which is on fire out in the country. Grains are sliding early despite solid export business.