Soybean News
The latest soybean commodity market news and insights for soybean producers and agribusiness.
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November soybeans shot up $1 in just two days. The December corn contract skyrocketed 50 cents during the time. Drought and dryness concerns are fueling the grain markets, is it only weather impacting prices?
Drought continues to deepen its grip across the Corn Belt, with Iowa and Illinois seeing large jumps in the moderate and severe drought categories. Now, more of the U.S. corn and soybean crop is covered in drought.
The new technology is designed to improve seedling vigor, boost root biomass and contribute to yield increases – up to 15% in corn and 12% in soybeans. It will be commercially available starting in 2024.
Sluggish exports continue to be the main theme in the grain markets with USDA cutting both old and new crop ending stocks. Arlan Suderman of StoneX Group says the bigger story moving forward might be soft corn demand.
Bill 3372 could lower greenhouse gas emissions, mitigate factors leading to supply chain backlogs, reduce damage to roads, and provide an extra set of brakes to improve stopping capacity and safety, one lawmaker says.
When a pair of Midwest farmers dropped a backhoe bucket 8’ below mature soybeans, they made one of the most unlikely scientific discoveries of the 21st century—a woolly mammoth.
The U.S. Drought Monitor says 26% of corn acres, 20% of soybean acres and 47% of winter wheat acres are in drought. The wheat crop has little chance of revival, but corn and soybeans have a long runway ahead of them.
Reclaim is designed to help soils warm up faster, resulting in more uniform seed emergence and better plant stands.
Planting is nearing the finish line across Iowa, Illinois, Missouri and Tennessee. Much of the soybean crop saw an early start to planting, One agronomic expert thinks the stage could be set for bigger soybean yields.
“Plant early for optimum yield” is a common refrain soybean growers hear from agronomists and other crop production experts today. But when you can’t get into the field, regroup and go to Plan B.