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Reacting to the news out of Argentina on Monday, U.S. soybean market prices were at their lowest levels in more than a month.
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High yields lead to high nutrient removal rates, but next year, nutrient replacement and feeding a new crop comes at a higher cost
All states in the Chicago Federal Reserve district, average a 3% percent increase in dollar value of “good” farmland from July 1, 2024 to July 1, 2025.
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Steve Censky, CEO of the American Soybean Association says, “China imports more soybeans than the rest of the world combined and so you can’t make up the loss of the China market by gaining a little bit here or there.”
Union Pacific is pursuing an acquisition of Northfolk Southern but will have to meet an elevated standard before being approved. The merger could be in opposition to President Trump’s executive order on monopolies.
Even with talk of shrinking soybean yields due to the dry weather pattern that shut out rain for much of the Midwest and Mid-South in August, one fact remains: China still isn’t buying U.S. soybeans.
Levels of concern could be elevated if the precipitation forecast doesn’t change.