Soybean News
The latest soybean commodity market news and insights for soybean producers and agribusiness.
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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.
Farm Journal Field Agronomist Ken Ferrie shares two videos to explain how to successfully set and operate your hybrid chisel and inline ripper.
Highly productive areas with adequate soil moisture are where you can usually trim seeding populations, says Matt Duesterhaus, Crop-Tech Consulting agronomist. He offers seven additional recommendations.
According to a recent report from CoBank, an abundance of corn and soybeans has resulted in cheaper basis and bigger carries in futures markets.
Various factors impact planting dates, but now’s the time to get everything in order so you don’t miss the windows of opportunity when they roll around next spring.