Soybean News

The latest soybean commodity market news and insights for soybean producers and agribusiness.
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This year’s program focuses on practices growers can use to thrive and keep their farms on track. Make plans to join Ken Ferrie and team for the event, which is slated for July 23 and 24 near Heyworth, Ill.
A quick overview of what you should be doing this spring to ensure your stored grain maintains its quality and fetches top dollar down at the elevator.
The House Farm, Food, and National Security Act of 2024 introduces significant changes to reference prices, specialty crops, and trade promotion, while also addressing foreign farmland ownership.
Bayer has requested a new label for XtendiMax from EPA. Public comment is underway. Also, farmers and retailers are urged to verify final sale and use cutoff dates for dicamba-based products in their respective states.
This week’s USDA Crop Progress report shows corn planting five percentage points (49% planted) behind average, while soybean planting has slowed to just a single percentage point ahead (35%).
Farmers are moving fast and furious in fields this week, trying to get crops in the ground. But Mother Nature is playing havoc with their best efforts. Ken Ferrie addresses six concerns to help farmers make progress.
This week’s USDA Crop Progress report shows corn planting overall is currently three percentage points (36% planted) behind the five year average, while soybean planting is four points ahead (25%) of historic pace.
Iowa State University Extension research shows weeds not controlled after the V2 growth stage can reduce yields by up to 1% per day. Uncontrolled weeds can also contribute to harvest difficulties and weed seed banks.
So far, 12 states out of the 18 total reporting acres of corn planted are ahead of the five year average.
Corn planting is now 2% ahead of the five year national average, while soybeans are currently 4% ahead, according to the April 22, 2024, USDA Crop Progress report.
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