Soybean News
The latest soybean commodity market news and insights for soybean producers and agribusiness.
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Brady Huck from Empower Ag Trading says, “After the volatility that we’ve seen over the last couple of weeks, sometimes these markets just need to find some stability.
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Fast-growing kochia and giant ragweed can slash soybean yields. Early scouting and timing make a difference.
Trump postpones his China summit, citing ongoing Middle East tensions and the need to remain in Washington, while officials say China is supportive of rescheduling the meeting.
Randy Martinson with Martinson Ag says the limit down day in old crop soybeans was tied to the fear that the meeting between President Trump and President Xi scheduled for China at the end of the month will be delayed due to the war.
As planting dates shift earlier, the nutrient is delivering significant yield responses and surprising protection against sudden death syndrome.
Brad Kooima with Kooima Kooima Varilek says there were a couple of reasons the market ignored the strike and the biggest was the higher equity markets and lower crude oil
While USDA predicts a shift to soybeans, spiking input costs and Middle East supply gaps have Northern growers weighing corn’s yield potential against a volatile fertilizer market.
Wheat was the price leader on Friday mostly on technical buying according to DuWayne Bosse with Bolt Marketing.
Cattle futures are higher early Friday in tandem with the bounce in the equity markets and the pull back in crude oil and the energy markets according Scott Varilek of Kooima Kooima Varilek.
Soybeans made new highs for the move during the session. Mark Schultz with Northstar Commodity says it was partly due to the rally in crude oil and soybean oil. However, there were also some other factors that boosted prices.