Soybean News
The latest soybean commodity market news and insights for soybean producers and agribusiness.
Click here to view today’s soybean prices.
Sponsored
Discover the number one management tool to combat soybean sudden death syndrome (SDS) and what factors to evaluate to protect your crop from this leading yield robber.
The poultry industry is one of the biggest demand drivers for corn and soybean meal, but HPAI is eating into sales.
Jim McCormick with AgMarket.Net says the grain markets made new lows for the move on fund liquidation and technical selling pressure tied to trade retaliation by Canada, Mexico and China.
Under the direction of Secretary of Agriculture Brooke Rollins, USDA is ready to roll out a number of programs that have been on hold pending review, and she’s pushing Congress to get to work on finishing a new farm bill.
Soybean oil used to produce biofuels in the U.S. declined in December according to the Energy Information Administration.
Shawn Hackett, Hackett Financial Advisors, says the technical selling pressure hit commodity and outside markets and was tied to uncertainty regarding tariffs being placed on Canada and Mexico on March 4 and bearish economic news.
Joe Kooima, Kooima Kooima Varilek, says the grain markets bounced overnight and saw a higher opening but funds used that strength to liquidate or sell more contracts.
Darren Frye, Water Street Solutions, says corn, wheat and hogs reacted negatively to the 25% tariffs being imposed on Canada and Mexico on March 4.
USDA’s first acreage estimate shows farmers could plant more corn acres this year, but fewer soybean and cotton acres.
The updates and new releases span a wide breadth of row crop solutions, including combines, planters, sprayers, tractors, tillage tools and precision technology.
Secretary of Agriculture Brooke Rollins confirms those payments will be released before the March 21 current deadline in an exclusive interview with Farm Journal on Thursday morning. She also outlined the timing of the $1 billion just announced to combat avian flu.
Allison Thompson with The Money Farm, says corn and wheat are reacting negatively to the breaking news that 25% tariffs will not be delayed and will go into effect on March 4 on Canada and Mexico and larger acreage estimates from USDA.
President Trump says tariffs on goods from Canada and Mexico will now take effect on April 2, 2025.
Mark Schultz, Northstar Commodity, says grains saw pressure on the continued on again off again new regarding tariffs.
Craig Turner with StoneX says corn tries to hold early gains after bouncing off chart support Tuesday but may struggle with soybeans and wheat falling on tariff fears and liquidation ahead of first notice day.
The look at corn and soybean acreage under current conditions will be among the key focal points during the event, but it will also be key to see how USDA paints an export outlook with so much uncertainty surrounding tariffs and trade.
Vince Boddicker with Farmers Trading Company says grains saw pressure early Tuesday on tariff fears and fund positioning end of month but ended well off of lows.
Darin Newsom, Senior Market Analyst with Barchart, says grains are seeing follow through technical selling pressure with tariff fears ramping up.
Naomi Blohm, Total Farm Marketing says a combination of factors pressured grain markets, including end of month positioning, weather and tariff concerns.
Time is running out for USDA to issue economic relief payments to farmers in the 90-day window set by Congress. According to some sources, producers are banking on the payments, even making business decisions based on projected payment calculations.
Brad Kooima, Kooima Kooima Varilek, says grains are weak on more tariff talk. Cattle opened strong with the slightly friendly numbers in the Cattle on Feed Reported Report and a possible cash bottom forming.
Scott Varilek, Kooima Kooima Varilek, says corn and soybeans fell heading into the weekend on profit taking and technical selling, plus lower crude oil and a higher dollar.
About 45% of U.S. corn production acres and 36% of the soybean ground are dry. The western Corn Belt needs moisture, in particular. A big, wet snowstorm could help, says Eric Snodgrass.
Mark Schultz, Northstar Commodity, says corn and soybeans are lower on profit taking after a higher day yesterday.
Chip Nellinger, Blue Reef Agri-Marketing, says soybeans and products led the rally and recovery on talk of a China deal by President Trump and a lower dollar. That spilled over to support corn.
Matt Bennett, AgMarket.Net, says corn made new highs for the move with the March contract reaching a high of $5.04 1/2 before reversing and ending lower on the day. The key is was it topping action?
His senior year of high school, Dalton Dilldine’s dad unexpectedly passed away, leaving a limited succession plan and a teenager with a big decision: take over the operation, start his own farm or go to college. He chose all three.
Kevin Duling, KD Investors, says grains closed higher on fund buying and March corn closed above $5 with March Chicago wheat closing above $6.
Sponsored
What are the risks of planting soybeans early? Learn how to protect your crop from inclement conditions that can hinder germination and increase disease vulnerability.
Kent Beadle, Paradigm Futures, says grains faded early strength as corn finally gets above $5 on the March or front month contract and sees farmer selling and profit taking.