Soybean News
The latest soybean commodity market news and insights for soybean producers and agribusiness.
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In spite of what we heard for months of sideways trading markets and media fear of being saddled long term by mountains of grains (especially corn), some real issues are surfacing.
Indigo Ag, Inc., is launching an on-farm storage program for U.S. farmers to enable identity preservation of corn, soybeans, cotton, wheat and rice.
Growers focus on dry weather and shrug off U.S.-China trade woes.
Last month, the U.S. issued a statement it would be putting 30 percent tariffs on solar panels and washing machines imported from China. Less than two weeks later after the announcement, China is fighting back.
Here’s the latest from the USDA’s World Agricultural Supply and Demand Estimates:
For more than two decades, Commodity Classic has helped set the stage for the growing season. Farmers and presenters from across the country pour into one place with one goal in mind—to get ready for 2017. As attendance has grown, so has the event’s influence.
After a dicey planting season last year in Missouri, producers plan to return to their normal rotations by planting as many acres of corn and soybeans this year as they did two years ago.
Demand and increasing that demand both domestically and internationally may be the biggest topic of all among farmers this year. We discussed how to make that happen with the chief executives of each of the grain associations.
The drop in soybean oil prices shrank its premium over processed palm olein to $50/ton. That spread needs to bounce back to $70 for palm to regain market share.