Soybean News
The latest soybean commodity market news and insights for soybean producers and agribusiness.
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Some Illinois elevators are taking soybeans with up to 18% moisture. Another option is if you have open bins with good air capacity, you might be able to put beans in the bin and apply air and heat to them.
Bayer told investors Tuesday that it sees no impact on its full-year guidance due to Hurricane Ida shutting down its glyphosate plant for more than five weeks, or the fact farmers may switch acreage decisions for 2022.
Positive demand news late in the week meant soybean prices tried to recover from the double digit losses after the USDA reports. And it’s more than price that could have the final say in the 2022 acreage debate.
USDA’s October report shows U.S. corn and soybean crops are larger than what USDA forecast in September, but the biggest question came to soybean demand. Soybean prices were down double digits after the report.
Leaders the world’s largest input companies report material and freight costs continue to be high and farmers should expect prices to be up in 2022.
Jacko Garrett’s remarkable 40-year quest to feed the hungry began with a single trailer of grain from his farm and continues today with millions of pounds of grain directed to the needy.
CBOT soybean futures slumped on Monday, as traders jockeyed for position on what is shaping up to be a large U.S. harvest and ahead of a U.S. production forecast this week that is expected to be bearish.
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