Soybean News
The latest soybean commodity market news and insights for soybean producers and agribusiness.
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Kent Beadle, Paradigm Futures expects high volatility at the end of the month and recommends farmers get some sort of risk management strategy in place to at least put a flood under grain prices.
Brian Naber says growing up in a farming family in southwest Minnesota helped prepare him for the rigors of leading the company through the ag industry’s current economic and regulatory challenges.
Dan Basse, president of Ag Resource Company, says these tariffs are different than those imposed during the first Trump administration or even recently with the 10% increase on China imports.
Surveying his farmer-clients, Ken Ferrie compiled a list of ways to increase profit margin. Specialty crops, such as popcorn; non-GMO corn and soybeans; seed corn and soybeans; food-grade corn and soybeans; and organic crops top the list.
Based on decades of experience, Jerry Gulke, president of the Gulke Group, is bracing for a big surprise in USDA’s Prospective Plantings Report on March 31.
Scott Varilek of Kooima Kooima Varilek says cattle have been resilient continuing to shake off any bad news and uncover buying on any break. Grains continue to chop ahead of the weekend.
Dave Chatterton, Strategic Farm Marketing, says corn was supported by strong demand with a 59 million bu. weekly export figure Thursday morning and unconfirmed talk that Brazil was buying U.S. corn.
Dan Jacobi, Chairman of the Board of Directors of Benson Hill, said the company’s fate is the result of industry challenges and financial constraints.
Darin Newsom with Barchart says corn is higher again on solid demand and spreading with soybeans.
Kent Beadle with Paradigm Futures says all but old crop corn saw more pressure with the risk off attitude regarding tariffs and with acreage estimates being released. Meanwhile, weather propelled cattle to fresh highs.