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Time to sell new-crop soybeans?
2014-03-02 19:24:00| Corn & Soybean Digest
In a move not often seen, old-crop soybean futures have caught fire and boosted new-crop prices. The result is a strong pricing opportunity for farmers looking for some early sales, says Mark Gold, a Chicago marketing analyst. read more
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Looming price risk ahead for corn, soybeans
2014-02-25 23:33:00| Corn & Soybean Digest
A year ago at this time, the local cash corn price in southern Minnesota was near $7 per bushel, compared to slightly over $4 per bushel in late February this year. This is lowest cash corn price in late February since 2010. In recent years, we kind of got drawn into a mentality that corn prices of $5-7 per bushel were the new normal, rather than a temporary price upswing; however, that type of thinking could change quite dramatically in the coming years. Farm operators need to start planning now for much lower crop price levels in the coming years. Focus on Ag read more
Nitrogen on soybeans?
2014-02-19 18:52:00| Corn & Soybean Digest
Claims of investment success with nitrogen not proven in research plots. Soybeans fix their own nitrogen, but high-yielding beans need a lot of nitrogen 4 to 5 pounds per bushel total with some 3 pounds per bushel in the harvested seed, according to Emerson Nafziger, University of Illinois Department of Crop Sciences. Thats why some people try applying nitrogen to boost yields, he says. You would think if you put on 100 to 200 pounds per acre, there would be a response. read more
ABCs to watch for soybeans
2014-02-12 00:23:00| Corn & Soybean Digest
Keep and eye on the ABCs of soybeans this week: Argentina, Brazil and China. After the recent USDA WASDE report, production estimates were lowered in Argentina for both corn and soybeans. Weather in Brazil prompts questions about whether production estimates will be lowered in the future. And increased Chinese production, along with lower in-country demand, offers the question of continued demand for imports. Grain Market Viewpoint read more
Green light for soybeans
2014-02-07 21:42:00| Corn & Soybean Digest
Planting season is just a few months away, and producers are thinking about the economics of planting soybeans versus corn in 2014. Its all about relative prices and, relatively speaking, new-crop futures prices strongly favor soybeans over corn. read more
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