Soybean News
The latest soybean commodity market news and insights for soybean producers and agribusiness.
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A two-pass boron strategy at bloom and pod set shows consistent yield payoffs across the Corn Belt, though agronomists warn the line between benefit and toxicity can be narrow.
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Brown stem rot can hide until R5. Split stems, check pith and plan ahead.
Wednesday morning USDA reported a flash sale of 13.7 million bushels of soybeans to unknown destinations and Randy Martinson with Martinson Ag says the market is betting that its China.
Soybeans were sharply lower in the overnight trade and then saw a gap higher open during the day session on talk that China was in pricing U.S. soybeans says Brian Grete with Commstock Investments.
Promising new technologies are entering the market, but large-scale corn and soybean farmers often face a frustrating bottleneck.
Vince Boddicker of Farmers Trading Company says while no sales have been confirmed, just the rumors of China in the U.S. market looking for bids brought buyers back into the market.
Grains saw nice reversals and closed higher on Monday, which was a victory considering the amount of bearish news the market had to absorb according to Kevin Duling with KD Investors.
Brad Kooima says cattle were catching some spillover selling from the news the Iran peace deal had been signed, the higher equity markets and lower crude oil futures.
Jerry Gulke, president of The Gulke Group, says the speed and magnitude of the correction in the grain markets from the May highs has surprised him.
Jim McCormick of AgMarket.Net says the grain market has taken out premium tied to weather, war and China.