Soybean News
The latest soybean commodity market news and insights for soybean producers and agribusiness.
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Traders said that the recent sell-off may have sparked some buying interest from importers that had viewed U.S. corn as too expensive when compared to supplies from other countries.
When it comes to winning the furrow, it all starts with the planter. Missy Bauer, Farm Journal field agronomist, says some of the common planting mistakes can be fixed before the planter hits the field.
USDA’s Ag Outlook Forum pointed to a 3% increase in total planted acres of corn, soybean and wheat acres, a signal that stocks will grow in 2023. Market analysts say traders may be shifting their focus to new crop.
Managing multiple production systems is the last step to precision farming
Multiple production systems provide options for tough years such as 2019
Despite weather trends, planting projections for 2023 find corn, wheat and soybeans similar to 2022, for a combined 228 million acres—a 3% increase from 2022.
You can’t always predict the weather; but you can put plans in place so you’re ready to plant in all conditions.
This week, a Brazil-based consultancy cut its soybean production estimate for the country by 2.1 million metric tons. Between Brazil and Argentina’s drought-impacted crops, the situation has the market’s attention.
As U.S. soybean processing expands, it’s vital to create new outlets for all the additional soybean meal. One such outlet could be Morocco.
What will the next decade hold for your farm? What factors should you use to weigh investments or crop planning? Here are five trends and data sets to ponder from USDA’s latest Agricultural Baseline Projections.