Soybean News
The latest soybean commodity market news and insights for soybean producers and agribusiness.
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Soybeans dropped for a second day in Chicago, heading for a third monthly loss, on speculation that rain forecast for the U.S. Midwest will help improve yields after concern about recent dryness bolstered prices.
With this year looking like the perfect recipe for high yields, the downward pressure on prices is strong, says market expert Jerry Gulke.
Corn planted area for all purposes in 2014 is estimated at 91.6 million acres, while soybean planted area for 2014 is estimated at a record high 84.8 million acres.
New limits announced for grain and oilseed futures beginning May 1.
A surge of cold air is expected to trail the front.
Brian Grete and Julianne Johnston discuss trends coming out of USDA reports.
Freezes occurred as far south as west-central Texas overnight.
Monsanto Co., the world’s largest seed company, reported fiscal second-quarter earnings and sales that exceeded analysts’ estimates.
See all of the report data, coverage and analysis of USDA’s March 31 Prospective Plantings and Grain Stocks reports.