Soybean News
The latest soybean commodity market news and insights for soybean producers and agribusiness.
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DuWayne Bosse with Bolt Marketing says the soybean market is still trying to price in the possibility of China buying another 300 million bu. of soybeans this marketing year.
Despite shifting market signals, some economists predict corn will remain the undisputed king of the acreage race.
Randy Martinson with Martinson Ag says, “This is, you know, basically 8 million metric ton or roughly 294 million bushels of added soybean demand that we were not expecting.”
Traders want proof from China of the potential soybean buys according to Joe Vaclavik of Standard Grain.
Working with Mother Nature may require adopting a new mindset, but for some farmers these four practices could be the ‘missing piece’ in having a sustainable, long-term weed management plan.
Tyler Schau of AgMarket says cattle futures make new highs for the move on higher cash and the report tailwind. Soybeans followed soybean oil which rallied as Treasury released 45Z guidance and that pulled up corn.
As herbicide resistance builds, Extension urges farmers to diversify control tactics and use as many tools as possible this season.
Matt Bennett with AgMarket.Net says it was a money flow day as grains were influenced by the selloff in crude oil and the precious metal markets, plus the higher dollar.
Hardware and technology changes can help farmers overcome the “residue hurdle,” achieve more uniform stands and accomplish robust early-season growth in 15" soybeans.
Ag market activity Friday and much of the week was dominated by money flow and spillover from outside markets like the metals, the energies, and the dollar. That’s according to Allison Thompson with The Money Farm.