Soybean News
The latest soybean commodity market news and insights for soybean producers and agribusiness.
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Live and feeder cattle futures were higher early Monday extending gains after Friday’s higher cash trade says Brad Kooima of Kooima Kooima Varilek.
He thinks cash could be higher again this week.
He thinks cash could be higher again this week.
The decision comes with new rules and what the agency calls the strongest safeguards ever imposed on over-the-top applications.
Brian Grete with CommStock Investments says he thinks the price action on Friday is sending a strong signal about the soybean market direction.
Scott Varilek with Kooima Kooima Varilek says after crashing Thursday on fears of a beef plant strike, cattle are recovering on higher cash.
DuWayne Bosse with Bolt Marketing says the soybean market is still trying to price in the possibility of China buying another 300 million bu. of soybeans this marketing year.
Despite shifting market signals, some economists predict corn will remain the undisputed king of the acreage race.
Randy Martinson with Martinson Ag says, “This is, you know, basically 8 million metric ton or roughly 294 million bushels of added soybean demand that we were not expecting.”
Traders want proof from China of the potential soybean buys according to Joe Vaclavik of Standard Grain.
Working with Mother Nature may require adopting a new mindset, but for some farmers these four practices could be the ‘missing piece’ in having a sustainable, long-term weed management plan.
Tyler Schau of AgMarket says cattle futures make new highs for the move on higher cash and the report tailwind. Soybeans followed soybean oil which rallied as Treasury released 45Z guidance and that pulled up corn.