There are no easy answers to address the cost of fertilizer and other inputs, but having conversations with suppliers and financial providers now can help you leverage your buying power and minimize potential impacts from marketplace uncertainties.

Sam Hudson with Corn Belt Marketing says grains saw an early bounce on Thursday with news overnight that Argentina had reinstates it’s export tax on grains, which is at 26% for soybeans.

Hear what’s working for four farmer-buyers with experience finding used machinery in good condition for their operations.

China, the world’s biggest buyer of soybeans, has yet to book any U.S. soybean cargoes from its autumn harvest.

Mark Schultz, Northstar Commodity, says soybeans ended lower in tandem with lower soybean meal as China reportedly bought another 10 plus cargoes of lower priced Argentine soybeans after they dropped their export tax.

Kent Beadle with Paradigm Futures says the soybean market saw a bit of recovery on Tuesday and was trying to hold Wednesday morning with news that China has purchased more Argentina soybeans.

Brian Grete, senior analyst with CommStock Investments says the soybean market has priced in most of the negative export news out of Argentina.

Arlan Suderman, chief commodities economist for StoneX, says soybeans did technical damage on hangover from the disappointing talks with China and Argentina’s announced export tax holiday.

All it takes to spark a flame sometimes is a single high-temperature source in the engine area or an overheated bearing that ignites some dry plant material. Take control of the situation in advance by having a brief plan ready to implement. Communicate it to your family and employees.

Reacting to the news out of Argentina on Monday, U.S. soybean market prices were at their lowest levels in more than a month.