Soybean News
The latest soybean commodity market news and insights for soybean producers and agribusiness.
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Randy Martinson, Martinson Ag, says the grains markets started the day session higher with weekly exports strong except for old crop wheat. However, the market turned mixed with positioning ahead of a three day holiday and watching weather.
Maximizing ROI is Brian Scott’s No. 1 goal as he evaluates planting populations on his northwest Indiana farm. In 2024, the sweet spot was 100,000 seeds per acre, which cost $53 per acre in seed and yielded 76 bu. per acre.
Mark Schultz, Northstar Commodity, says several factors combined to cause the commodity wide buying on Wednesday.
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K-State precision agricultural economist says the Gannon Storm that occurred the weekend of May 10, 2024, and led to an assumed $565 million in losses for Midwestern crop producers was not an anomaly.
Chuck Shelby with Risk Management Commodities says grain markets continue to see profit taking after the recent relief rally pushed old crop corn, soybeans and wheat up into technical resistance on the charts.
Soybeans and cotton are currently taking the brunt of Trump’s still-developing trade policies, and one ag economist thinks its still too early to tell how the situation will impact renewable fuels and land ownership.
The initial round of ECAP payments will only amount to 85% of the per-acre payment to ensure enough funding is available for all farmers who sign up for the program.
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One solution to low prices is producing more bushels. Take a minute to think through some of the best management practices outlined here that will help you accomplish that.