Soybean News
The latest soybean commodity market news and insights for soybean producers and agribusiness.
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Kevin Duling, KD Investors, says soybeans see a bounce Thursday after four down days on technical buying and with help from soybean oil.
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Randy Martinson, Martinson Ag, says corn and wheat futures are seeing some technical buying with first notice day and end of month positioning out of the way.
Analyzing both old and new growth, a sap test measures nutrient levels in the plant’s vascular tissues to identify current and soon-to-occur deficiencies.
Craig Turner, grain and oilseed analyst with StoneX, says corn and wheat saw corrective buying as it was end of the month and past first notice day for May futures.
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DuWayne Bosse, Bolt Marketing, says corn and wheat are seeing end of the month short covering and some pressure taken off now that First Notice Day is in the rear view mirror.
Vietnam has a 100 million people and a growing middle class looking to add protein to their diet. With limited soybean crushing capacity, the country currently depends on soybean meal imports for their livestock and aquaculture feed needs.
Allison Thompson with The Money Farm says a combination of bearish factors combined to pressure the grain markets Tuesday including the fast planting pace.
Despite wet weather, farmers are making serious progress with planting. Here’s an update on how the season is shaping up in Iowa, Minnesota, Wisconsin and Illinois.