Soybean News
The latest soybean commodity market news and insights for soybean producers and agribusiness.
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Grains futures consolidated on Tuesday with risk-off selling tied to outside market concerns regarding possible EU tariffs and retaliation according to Oliver Sloup with Blue Line Futures.
Brad Kooima of Kooima Kooima Varilek says with the confirmation of no cases of NWS in the U.S. the cattle market should rebound Tuesday. However, with outside markets seeing risk off selling that may temper some of the buying interest in cattle.
After years of steady growth, the U.S. agricultural land market is shifting and stabilizing.
Jerry Gulke, president of The Gulke Group, says the report provided some valuable lessons about marketing.
Shawn Hackett with Hackett Financial Advisors says with corn and soybean prices plunging at the beginning of the week in response to the bearish USDA report, the lower price levels stimulated end user buying.
High-yield growers David Hula and Randy Dowdy say three things deserve your sharpest focus now: your planter, fertility program and seed.
Joe Kooima with Kooima Kooima Varilek says cattle futures were down early on liquidation ahead of the three day weekend, lack of fed cash news and a rumor of NWS in the U.S.
USDA Undersecretary Luke Lindberg says the big takeaway is establishing a level playing field for U.S. producers and building opportunities from there.
John Heinberg with Total Farm Marketing says soybeans rallied with the surging bean oil market on Thursday on talk of favorable biofuels policy in the Renewable Fuels Standard.
Don Roose with U.S. Commodities says the bearish USDA report news has been largely factored in but corn and soybeans are establishing new lower trading ranges.