Soybean News
The latest soybean commodity market news and insights for soybean producers and agribusiness.
Click here to view today’s soybean prices.
Jerry Gulke, president of the Gulke Group, says the rally in crude oil is about global energy security but it has benefited the grain markets.
Before you leap, check out these essential management steps from Missouri farmer Todd Gibson and Farm Journal Field Agronomist Ken Ferrie to help you mitigate risks and protect ROI.
Darren Frye with Water Street Solutions says longer term if energy prices stay higher the funds could continue to buy grains on inflation fears but he’s not sure about a full super cycle without several factors falling into place.
Richard Fordyce with USDA confirms momentum for assistance as Congress seeks to mitigate economic impacts of Iran conflict.
Mike Minor with Professional Ag Marketing says grains were mostly lower on Friday with profit taking heading into the weekend due to increased volatility and uncertainty regarding the Iran conflict.
Oliver Sloup with Blue Line Futures says funds were in buying on a combination of higher crude oil futures and money flow.
Joe Kooima of Kooima Kooima Varilek says cattle and hogs are struggling Thursday with the set back in the equity markets.
The survey of farmers in 26 states mirrored the projections from USDA’s Ag Outlook Forum in February.
Dave Chatterton with Strategic Farm Marketing says the ongoing Iran war and higher crude oil prices helped drive speculative buying interest in grains.
Beetle capture data reveals pest numbers are rising, with 31% of sampled fields exceeding economic thresholds.