Soybean News
The latest soybean commodity market news and insights for soybean producers and agribusiness.
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No crop is more influenced by the weather than soybeans. The good news is you can minimize risk by planting soybeans earlier than what you’re used to.
To help growers create an effective management plan for controlling soybean cyst nematode (SCN), the SCN Coalition shares five key steps to take.
Despite weather concerns sprouting in Brazil, USDA didn’t make any major adjustments to the South American crop in Friday’s reports. Increased demand from China and Mexico prompted USDA to trim U.S. ending stocks.
As the costliest pest in the U.S. for soybeans, this breakthrough means there will finally be options to develop varieties with enhanced SCN resistance.
AgResource Company forecasts 80% of the soybean crop is planted as of today, but for some farmers it’s been a year of replant for both corn and soybeans.
After moving the family farm from Canada to Mississippi in the 1970s, change became part of the family culture for the Jack family of Silent Shade Planting Company - winners of the 2023 Top Producer of the Year Award.
“By expanding into soybeans, we’re showing our commitment to providing solutions for our customers and investing in the future of row crop growers,” said Spencer Harris.
Fields in central Brazil are baking in high temperatures and low levels of moisture. One meterologist says farmers there are now questioning whether they will plant their second corn crop, the so-called safrinha crop.
According to USDA’s crop progress report, 93% of corn has been harvested so far – an increase 5% from this time last week.
The focus of the soybean market continues to be South American weather and crop expectations. Jerry Gulke says whether or not forecasted rains occur will set the direction for the market into next week and beyond.