Soybean News
The latest soybean commodity market news and insights for soybean producers and agribusiness.
Click here to view today’s soybean prices.
The problem is making it difficult for farmers to know which herbicide chemistries will still work in their fields.
Greg McBride of Allendale, says grains markets saw profit taking, also saw some farmer selling and hedge pressure on Tuesday.
Grain markets were all lower to start Tuesday seeing some routine profit taking after hitting new highs for the move and even some new contract highs in parts of the corn and soybean complex, according to Brady Huck with Empower Ag Trading.
Brad Kooima of Kooima Kooima Varilek says it is dangerous to try to pick a high in this cattle market but it fits the profile of a technical top.
The company had been using what it described as a placeholder name, SpinCo, since announcing it would split into two independent, publicly traded entities last October.
The proposed framework introduces a targeted approach to safeguard endangered species while maintaining essential crop protection tools for U.S. farmers, the agency reports.
John Heinberg with Total Farm Marketing says soybeans made fresh highs early Monday on strong crush and China export hopes ramping up to the mid-May meeting.
Jerry Gulke, president of The Gulke Group, says technically it is a very bullish to see grain markets making new highs for the year starting in May.
Jim McCormick of AgMarket.Net says a new month brought in new money to the grain complex on inflationary concerns. How much higher could it go?
Scott Varilek of Kooima Kooima Varilek says tight supplies and a record cash market have supported the move to new highs. How high can live and feeder cattle futures run?