Soybean News
The latest soybean commodity market news and insights for soybean producers and agribusiness.
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Lack of longer-term investors imperils crop markets, bank says
As is so often the case, technical action (price changes) can predict fundamental changes in price direction market, and often does sometimes weeks in advance.
Due to the holiday season, export sales were delayed and the significant number of cancellations were concerning, says Jamie Wasemiller of the Gulke Group.
Jerry Gulke, president of the Gulke Group and Farm Journal’s Pam Fretwell discussed the events that helped the market to recover such as in the case for soybeans, a positive close for the week after a poor start.
What are you thankful for this Thanksgiving? “I’m thankful for being involved in agriculture,” says Jerry Gulke, president of the Gulke Group. Listen to the full report now and hear what all Jerry Gulke is really thankful for. It’s something all farmers can relate to and appreciate.
This year’s weather conditions underscore the need for producers to be proactive about insurance.
As Farm Journal’s Pam Fretwell and Jerry Gulke, president of the Gulke Group, go over this year’s markets, they also look ahead to some surprises that may come into being in early 2018.
In 1983 for the first time, planted soybean acres surpassed corn acres by 3.5 million acres. Some market analysts thought 2017 would be another year this would happen, but it didn’t.
When USDA released its September Crop Production and World Agricultural Supply and Demand Estimates (WASDE), corn and soybean prices saw red.
These estimates are based on assumptions for normal weather through September.
The latest Crop Progress report from USDA-NASS shows declining conditions for corn and soybean crops, and delayed corn maturity.
Official Day 4 results from the Farm Journal Midwest Crop Tour.
Field reports, data and scout observations from Ohio during the 2017 Farm Journal Midwest Crop Tour.
Official Day 2 results from the Farm Journal Midwest Crop Tour.
The Dec. 12 WASDE report helped corn by raising ethanol usage by 50 million bushel, which reduced ending stocks—good news according to Jerry Gulke as he spoke to Host Pam Fretwell on Farm Journal Radio.
Official Day 3 results from the Farm Journal Midwest Crop Tour.
Official Day 2 results from the Farm Journal Midwest Crop Tour.
The third day of the 2017 Pro Farmer Midwest Crop Tour featured scouts sampling fields along 12 designated routes from Bloomington, Illinois Iowa City, Iowa.
Day three of the Farm Journal Crop Tour had our group running north of Bloomington IL deadheading 20 miles north to start sampling. We then moved through counties going north and then straight west where we crossed the IA border at the Quad Cities. We sampled Woodford, Marshall, Putnam, Bureau, Henry and Rock Island on the IL side of the border and picked up samples in Scott, Clinton and Cedar on the IA side.
Veteran crop tour scouts Kurt Line and Jarod Creed saw plenty of potential for soybeans along their routes in Nebraska, if Mother Nature will cooperate.
AgDay’s Betsy Jibben talks with a father and son team of scouts on the 2017 Farm Journal Midwest Crop Tour.
On the western leg of the Farm Journal Midwest Crop Tour, scouts got started this morning with checking corn and soybean fields just outside Sioux Falls, S.D.
The 2017 Farm Journal Midwest Crop Tour kicked off in Dublin, Ohio, (a suburb of Columbus), with scouts sampling fields along 12 designated routes to Fishers, Indiana (a suburb o Indianapolis).
Is agriculture exempt from the permitting requirements of the Clean Water Act? Growers will have to wait a while longer for an answer to that question following a $1.1 million settlement in a landmark case this week.
Are farmers protected by the agricultural practices exemption of the Clean Water Act? That is the centerpiece of a court hearing getting underway in California.
Syngenta will sell corn and soybeans with Dow AgroSciences Enlist event following their agreement with Dow AgroSciences and M.S. Technologies.
After experiencing a strong rally over the past month, the grain markets came crashing down this week. “You could call it a virtual collapse of the markets,” says Jerry Gulke of the Gulke Group.
After the USDA’s June 30 acreage report last Friday, some people were questioning its accuracy. The March 30 prospective planting report had corn and soybeans within 500 thousand acres of each other, and many anticipated some of those corn acres moving to beans after April and May made for one of the wettest springs on record. But the June report widened that gap to 1.4 million acres, with corn currently estimated at 90.9 million acres and soybeans at 89.5 million acres.
Find out what you need to know about the data, the market’s reaction, and what you need to do after USDA’s release of the March 31 Prospective Plantings and quarterly Grain Stocks reports.