Soybean News
The latest soybean commodity market news and insights for soybean producers and agribusiness.
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Raised its global total grains carryover projection by 1 MMT from last month.
Most stressful conditions in Iowa and Minnesota.
Soybean acreage up 1%, all wheat acreage up 1% and all cotton acreage down 17%.
But slight expansion of drought noted in the Southern Plains.
Traders look for USDA to trim corn and spring wheat acreage from March intentions.
Chip Flory and Brian Grete discuss how traders are starting to pay more attention to new-crop fundamentals.
Showers continue to delay spring wheat planting.
USDA raises Brazil’s corn crop estimate based on increase in acreage.
Chip Flory and Brian Grete discuss how the markets, for now, are focused on the global supply situation.
Meteorologist Gail Martell provides her weather insight.