Soybean News
The latest soybean commodity market news and insights for soybean producers and agribusiness.
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Scott Varilek of Kooima Kooima Varilek says cattle have been resilient continuing to shake off any bad news and uncover buying on any break. Grains continue to chop ahead of the weekend.
Dave Chatterton, Strategic Farm Marketing, says corn was supported by strong demand with a 59 million bu. weekly export figure Thursday morning and unconfirmed talk that Brazil was buying U.S. corn.
Dan Jacobi, Chairman of the Board of Directors of Benson Hill, said the company’s fate is the result of industry challenges and financial constraints.
Darin Newsom with Barchart says corn is higher again on solid demand and spreading with soybeans.
Kent Beadle with Paradigm Futures says all but old crop corn saw more pressure with the risk off attitude regarding tariffs and with acreage estimates being released. Meanwhile, weather propelled cattle to fresh highs.
Rich Nelson of Allendale says grains started lower and are quietly mixed awaiting tariff news and the big USDA reports at the end of the month. Allendale’s annual acreage survey confirms higher corn acres at the expense of soybeans.
Dan Basse, Ag Resource Company, says the February highs may be the highs for the year in corn and soybeans with the headwinds he sees ahead.
Everything from possible tariffs...to ongoing dryness are factoring into planting decisions right now in the Northwestern Corn Belt.
Mike Zuzulo, Global Commodity Analytics, says wheat led the price rally and pulled up corn as traders were putting in weather premium and funds covered short positions. Feeder cattle made all-time highs.
Many farmers keep a record of their planting intentions by field in a notebook or on a USB drive. Automation can make both of those practices obsolete and improve corn and soybean seed placement accuracy in the process, the companies report.
Joe Kooima of Kooima Kooima Varilek says cattle and hogs both saw gap higher openings and are seeing triple digit gains with help from the cash. Corn is higher following wheat, while soybeans lag.
Entering Year Two of its development, Sentera’s newly named SmartScripts weed management workflow scouts for weeds and only sends the sprayer where it’s needed.
Don Roose, U.S. Commodities says corn and wheat end lower with soybeans higher Friday evening up positions ahead of the weekend.
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Scott Varilek, Kooima Kooima Varilek, says cattle are awaiting cash direction with producers and feedlots holding out for higher money. Grains are mixed after a higher close on Thursday.
DuWayne Bosse, Bolt Marketing, says grain markets rebounded Thursday on technical buying after holding and bouncing off support areas. Strong export demand was also positive.
Mark Knight, Farmers Keeper Financial, says grains are seeing a technical bounce off support areas wtih strong weekly exports.
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Alan Brugler with A&N Economics, LLC. says the tariff escalation once again weighed on the grain markets with the EU putting retaliatory tariffs on U.S. grains and threats that Canada would put levies on U.S. ethanol imports.
John Heinberg with Total Farm Marketing says grain and livestock both saw risk off selling tied to trade uncertainty, bearish outside markets and recessionary fears.
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Kent Beadle with Paradigm Futures says corn is extending gains for a 5th session still in recovery mode after the panic liquidation tied to tariffs. Soybeans rebounded early.
The common thread among the nation’s farmers is building demand in 2025 both domestically and internationally.
Heading into the 2025 planting season farmers in the Northwestern Corn Belt are facing some of the same headwinds as the rest of the country from tariffs to lower grain prices and drought.
When growing soybeans, the first thing farmers need to explore is where they can get those “free bushels,” says Randy Dowdy. One of the most important factors to consider is planting date, specifically the need to plant early.
Ted Seifried, Zaner Ag Hedge, says soybeans and the products saw significant pressure tied to risk off selling and South American harvest pressure, while the rest of the markets were able to shake that off.
Brad Kooima of Kooima Kooima Varilek says live cattle see buying interest after strong cash late last week. Corn tries to hold gains with soybeans seeing South American harvest pressure and concern about China’s 10% tariffs on U.S. soybeans.
Oliver Sloup, Blue Line Futures, says it was roller coaster week in both grain and livestock futures due to on again, off again tariff talk. Are calmer waters ahead?
Varilek says black swan events like the Black Sea war that broke in May of 2022 lead to highly volatile markets but in that case the news and uncertainty became priced in over time.
Allison Thompson of The Money Farm says grains markets extended gains for a second day with talk of ag exemptions and then another 30 day extension on tariffs on Mexico and Canada.