Soybean News
The latest soybean commodity market news and insights for soybean producers and agribusiness.
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Bryan Doherty with Total Farm Marketing says most markets had a negative reaction to to the 25% tariffs on Mexican and Canada starting this weekend and possible retaliation.
Randy Martinson, Martinson Ag, says grain and hog markets opened lower reacting to President Trump announcing Thursday afternoon the U.S. would be moving ahead with 25% tariffs on Mexico and Canada on Feb. 1.
Jeff Hoogendoorn, Professional Ag Marketing, says corn and cattle are major bull markets and there are certain signals he’s looking for to indicate all of the bullish fundamentals are worked into prices.
Kent Beadle, Paradigm Futures, says grains rallied with corn making new highs for the move but wheat also saw double digit gains.
Among the independent field agronomists’ recommendations: Address your No. 1 yield-limiting factor, employ the 5% rule and fix soil pH.
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Learn about the connection between uncontrolled winter annual weeds and soybean cyst nematode and how to control these costly yield robbers.
Chip Nellinger, Blue-Reef AgriMarketing says grains rally with corn pulling up the rest of the complex on South American weather concerns.
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Learn why the USDA classifies Asian copperleaf as a high risk weed for corn and soybean growers (plus how to identify and manage it).
Chuck Shelby, Risk Management Commodities, says grains close higher seeing fund buying and consolidation with the markets still digesting possible tariffs and South American weather.
DuWayne Bosse, Bolt Marketing, says corn and wheat are trying to recover Tuesday with fund short covering.