…meal in China. However, USDA expects the rate of growth for soybean imports to slow as the country’s soybean production recovers and China unloads soybean and oilseed product reserves. Meanwhile,…
USDA WASDE Report at a Glance
…stocks based on the September 30 Grain Stocks report. Soybeans: Soybean production is forecast at 4,269 million bushels, up 68 million mainly on higher yields. The soybean yield is projected…
Cargill Sales and Net Earnings Higher in 2016
…to the realization of improved soybean processing margins in the current period along with the reversal of mark-to-market losses taken in the preceding quarter. Results also were boosted by good…
Safety-Net Payments to Farmers
…making payments on a percentage of historical base production, limiting the impact on production decisions. Nationwide, producers enrolled 96 percent of soybean base acres, 91 percent of corn base acres…
U.S. Corn and Soybean Stocks Up from 2015
Wheat Growers See Record-High Yields As of September 1, there were 1.74 billion bushels of old crop corn and 197 million bushels of old crop soybeans in storage, according to…
Flooding to Shut Down Mississippi River Shipping Temporarily
…and western Wisconsin have swamped farmlands in those states and are causing concerns about the conditions of the corn and soybean crops ahead of the fall harvest. From the National…
Poultry and Soy Groups in Cuba This Week
A delegation representing American poultry and soybean groups is in Cuba on a trade mission this week. The group represents the first mission to Cuba funded by the soybean checkoff…
Ag Groups Urge Swift Resolution on Shipping Company Bankruptcy
Agriculture groups, including the American Soybean Association, are asking the U.S. Commerce Department to assist in finding a quick resolution to the Hanjin (Han-gin) Shipping Company bankruptcy. A letter to…
Farm Groups Cautious of Merger Trend
…what NFU President Roger Johnson called “failing antitrust enforcement” in Agriculture. Groups such as the National Corn Growers Association and the American Soybean Association indicated a desire to preserve competition,…
NCGA CEO Testifies at Senate Hearing
…Growers Association and the American Soybean Association. Together, NCGA and ASA represent more than 500,000 corn and soybean farmers nationwide. Novak told the Senate panel that the two associations have…
Soybean Planting in Brazil Arrives with Concerns
Credit: Alf Ribeiro / Shutterstock.com Soybean planting in Brazil starts on September 15, but the Agri Money Dot Com website said it’s starting this year under pressure from prices, tight…
WASDE at a Glance
…realized, would still be the highest since 1987/88. Soybeans: Soybean production is projected at a record 4,201 million bushels, up 141 million due to a higher yield forecast. Soybean supplies…
Ag Producers Cut Expenses by Nine Percent
…Illinois Grain Economist Gary Schnitkey says farmers should expect marginally lower revenues from corn and soybean this year, with another drop in revenues in 2017. He said farmers will need…
Women in Agriculture Trade Mission is Underway
…for U.S. agricultural exports reaching $23.5 billion. Sustained high demand for bulk commodities such as soybeans and cotton continues, and demand for high-value food, meat and alcohol products is surging….