Soybean News
The latest soybean commodity market news and insights for soybean producers and agribusiness.
Click here to view today’s soybean prices.
Due to the holiday season, export sales were delayed and the significant number of cancellations were concerning, says Jamie Wasemiller of the Gulke Group.
What are you thankful for this Thanksgiving? “I’m thankful for being involved in agriculture,” says Jerry Gulke, president of the Gulke Group. Listen to the full report now and hear what all Jerry Gulke is really thankful for. It’s something all farmers can relate to and appreciate.
Jerry Gulke, president of the Gulke Group and Farm Journal’s Pam Fretwell discussed the events that helped the market to recover such as in the case for soybeans, a positive close for the week after a poor start.
This year’s weather conditions underscore the need for producers to be proactive about insurance.
As Farm Journal’s Pam Fretwell and Jerry Gulke, president of the Gulke Group, go over this year’s markets, they also look ahead to some surprises that may come into being in early 2018.
In 1983 for the first time, planted soybean acres surpassed corn acres by 3.5 million acres. Some market analysts thought 2017 would be another year this would happen, but it didn’t.
When USDA released its September Crop Production and World Agricultural Supply and Demand Estimates (WASDE), corn and soybean prices saw red.
These estimates are based on assumptions for normal weather through September.
The latest Crop Progress report from USDA-NASS shows declining conditions for corn and soybean crops, and delayed corn maturity.