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USDA grain stocks, acreage estimates supportive for corn, soybean prices

2015-07-02 14:54:00| Corn & Soybean Digest

Source: University of Illinois University of Illinois Agricultural Economist Darrel Good says that while considerable uncertainty will persist for the next three months, the recent USDA reports substantially increase the odds that the average farm price will be above $4 for the 2015-16 marketing year and that the average soybean price will once again be near $10. read more

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Will you take prevented planting on soybean acres?

2015-06-19 21:22:46| Corn & Soybean Digest

Wet weather in parts of the Midwest have kept some farmers from finishing soybean planting. We’d like to know: What percent of your soybean acres will be slated for prevented planting? Leave a comment below stating your location and how many acres will go unplanted. 10% 20% 30% 40% None; I planted all my soybean acres. Go to result page on submit:  0

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3 Factors pointing to less soybean acres

2015-06-17 00:14:00| Corn & Soybean Digest

As a producers, I believe the best-of-practice is to remain patient and keep all hedges in place. Yes, there could be some upside movement as thoughts about acres are readjusted, but I'm just not sure we can sustain much of a longer-term upside rally without some type of more negative headlines out of South America. Grain Market Viewpoint read more

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Soybean oil growth projections

2015-06-15 16:05:00| Corn & Soybean Digest

USB predicts high-oleic soybeans will capture 25% of acres in 10 years. Both traditional soybean oil and high-oleic soybean oil are poised for growth over the next five years, according to the latest outlook assessment by Soy Insights experts. However, this depends on how several key questions are resolved. read more

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Low corn, soybean prices challenge farmers

2015-06-09 17:55:00| Corn & Soybean Digest

The consistently high cash price levels for corn and soybeans from 2011-2013 made grain marketing decisions pretty easy for many producers. By contrast, grain marketing decisions in 2014 and 2015 have become much more difficult, with continued declining prices that are sometimes below breakeven levels. The current scenario for grain prices makes it more important than ever for farm operators to have a solid grain marketing plan in place, which is part of an overall farm risk management strategy. Focus on Ag read more

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