…on both ends to $3.05 to $3.65 per bushel, on continued higher-than-expected early-season prices. Soybeans: Soybean supply and use projections for 2016/17 are unchanged from last month. Although early-season soybean…
Ukraine to Crackdown on GMOs
Ukraine plans to strengthen its checks for genetically modified organisms, with soybeans of particular concern, according to government officials in the nation. Ukraine’s State Food Safety and Consumer Protection Service…
Record Yields Leading to Storage Crunch
…and are contributing to a brighter economic outlook for elevator operators. Record yields of corn, soybeans and grain sorghum are competing for storage space with large wheat inventories harvested earlier…
Market Rallies Lifting Farmers Spirits
…prices for corn and especially soybeans this fall. Importantly, the price rally included not just nearby futures contracts, but extended to prices for both the 2017 and, to a lesser…
Agri View: Plastic Challenge
…on its way. And there is a heavier packaging product that is made from soybeans which is stronger and lighter than cardboard. It’s not edible but it will disintegrate. Right…
More Volatility Ahead for Cattle Markets
…before things went in the negative direction starting in 2012. From August 2012-2016, corn prices dropped 60 percent and soybeans were 47 percent lower. Fed cattle prices followed crops lower,…
Farm Income Drops 17 Percent in 2016
…in dairy, beef, poultry, and eggs are projected to fall 12 percent to the lowest levels since 2011. Row crop receipts are forecast unchanged as stronger revenues for soybeans and…
November 2016 Farm Income Forecast
…billion) in cattle/calf receipts. A marginal expected gain in crop cash receipts is driven largely by a $5.3-billion increase in oil crop receipts, primarily soybeans, while feed crops (mainly corn)…
Adoption of Genetically Engineered Alfalfa, Canola, and Sugarbeets in the United States
by Jorge Fernandez-Cornejo, Seth Wechsler, and Daniel Milkove, USDA Economic Research Service What Is the Issue? Genetically engineered (GE) varieties of corn, soybeans, and cotton with herbicide-tolerant and/or insect-resistant traits…
Changes to Improve the Prevented Planting Program
…corn, cotton, grain sorghum, rice, soybeans and wheat for 2017 as part of an effort to ensure that prevented planting factors most accurately reflect the pre-planting input costs of producers….
EPA Approves Some Dicamba-Based Herbicides
…varieties. Reuters says the EPA approved the XtendiMax herbicide for in-crop use on Roundup Ready 2 Xtend biotech soybeans, which are designed to tolerate applications of glyphosate and dicamba. The…
Acreage Planting Switch Possible in 2017
…has lower costs, so this will move us toward soybeans.” Schnitkey also says lower wheat prices will likely lead some eastern Corn Belt producers to switch from wheat to soybeans…
Soybean Group Wants TPP Vote in Lame-Duck Session
…ASA President Richard Wilkins, a farmer from Greenwood, Delaware, says, “TPP is vital to farmers across the country, as well as the processors and exporters that take U.S. soybeans to…
USDA WASDE Report At a Glance
…higher to 1,319.7 million. Soybeans: Soybean production is forecast at 4,361 million bushels, up 92 million on higher yields. The soybean yield is projected at a record 52.5 bushels per…