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Record-breaking soybean yields in 2014?
2014-07-25 14:42:00| Corn & Soybean Digest
Source: University of Illinois farmdocDaily The USDA is forecasting a new record soybean yield (45.2 bushels) in 2014, exceeding the 2009 record of 44 bushels by a large margin. Like corn, high soybean yield expectations this year are based on generally favorable growing conditions to date and on the high percentage of the crop rated in good or excellent condition. read more
Tags: yields
soybean
recordbreaking
Can soybean demand keep grain prices afloat?
2014-07-22 22:41:00| Corn & Soybean Digest
I suspect with Chinese demand staying strong, some definite uncertainties remaining in Argentina and the entire month of August still ahead of our U.S. crop, the trade may take a bit slower approach to reducing price-risk. Producers should continue to keep hedges in place. Any rally back towards the $11.00 to $11.30 range must be viewed as an opportunity to reduce longer-term risk. Grain Market Viewpoint read more
Tags: prices
demand
grain
soybean
More pressure on soybean prices
2014-07-21 04:04:00| Corn & Soybean Digest
New-crop soybean futures prices have plunged from $12.50 per bushel in late June to $11 or below in three weeks. They closed down 9 cents at $10.85 Friday. And theres no sign they will turn around anytime soon, says Jim Hilker, Michigan State University Extension ag economist. read more
Corn, soybean prices drop after July WASDE report
2014-07-15 15:10:00| Corn & Soybean Digest
The USDA World Agricultural Supply and Demand Estimates (WASDE) Report released July 11 provided more negative numbers for future corn and soybean prices. The report showed significant increases in the projected ending stocks for both corn and soybeans by Sept. 1, 2015. The report also verified the expectations for very good to excellent 2014 national corn and soybean yields in the U.S. Corn and soybean market prices have dropped dramatically in the past few weeks, which will likely have a significant financial impact on farm operators in the Upper Midwest. Focus on Ag read more
USDA report shows increase in soybean acres
2014-07-07 17:35:00| Corn & Soybean Digest
The late-June USDA Acreage Report is always highly anticipated, because it becomes the first hard data after the March USDA Plantings Intentions Report to give an indication of crop production levels in a given growing season, as of June 1. Many times the June USDA Report can have a big impact, either upwards or downwards, on grain market trends. Focus on Ag read more
Tags: report
increase
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acres
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