Soybean News
The latest soybean commodity market news and insights for soybean producers and agribusiness.
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Planting soybeans months before wheat harvest sounds risky. But farmers Brian Tanner and Jason Mauck find it dries wet fields faster, cuts input costs and gives wheat a profitable place back in Corn Belt rotations.
Mike Castle with StoneX, says the risk off selling was tied to profit taking in the grain markets ahead of the September WASDE on Friday.
Researchers say a simple combine tweak gives farmers a way to concentrate up to 95% of their toughest weed seeds into just 5% of a field.
Mark Schultz with Northstar Commodity says wheat was adding geopolitical premium on Tuesday as peace talks failed over the weekend but the grain complex was also positioning ahead of the USDA reports.
The answers to which hybrids, products and practices paid off may already be in your fields. The trick is stopping long enough to find them, say David Hula and Randy Dowdy.
Brad Kooima with Kooima Kooima Varilek says the presidential executive orders will not have any immediate impact on the cattle industry or the market.
Chip Nellinger with Blue Reef Agri-Marketing says grains saw profit taking heading into a long weekend, which is not unexpected. However, he thinks the market has more work to do.
Some Midwest cornfields are losing more than a percentage point of moisture daily, tightening timelines for growers trying to determine how much crop they can confidently sell into the market rally.
Scott Varilek with Kooima Kooima Varilek says the cattle market is very oversold and due for a bounce but the long term charts have been damaged.
Rich Nelson with Allendale says the corn and wheat markets saw profit taking but also latched on to Black Sea headlines indicating Russian President Putin was open to a peace deal with Ukraine.