Latest News From Soybeans

The barometer reported its lowest reading since May 2023, falling seven points from December and 24 points from January 2023.

CoBank has released their 2024 outlook report, which takes a look at the key themes the organization expects to shape agricultural and the rural economy in the coming year.

The National Drought Mitigation Center estimates 67% of corn and 60% of soybeans are still considered to be in drought, a slight improvement from last week when drought covered 70% of corn and 63% of soybeans.

USDA released a few big surprises in the June acreage report, including a spike in corn acres and a large reduction in soybean acres. The agency also forecasts grain stocks below trade expectations.

The Ag Economists’ Monthly Monitor is a new survey of nearly 50 economists. Most ag economists agree the next 12 months could produce more financial pressure for agriculture, but their views vary depending on commodity.

Drought is deepening across the Midwest with 64% of the corn crop and 57% of the soybean crop across the U.S. now covered in drought, a sizable jump in just a week after NASS showed a historic drop in condition ratings.

Drought continues to deepen its grip across the Corn Belt, with Iowa and Illinois seeing large jumps in the moderate and severe drought categories. Now, more of the U.S. corn and soybean crop is covered in drought.

USDA's weekly Crop Progress Report shows 14% of the nation's corn crop and 9% of the soybean crop is planted. Farmers in Missouri and Tennessee are planting at a rapid pace, but the upper Midwest is already behind.

As more companies break ground on new soybean processing plants, will soybean meal become cheaper for dairy farmers?

Wiesemeyer says “you don’t spend some $300 million on these [soybean crushing] plants without a solid foundation of a market in the future.”

As the 2020 harvest comes to a close, it’s a year marked with unknowns, but with government payments combined with improving commodity prices, the net farm income picture is looking brighter.

Farmers impacted by economic fallout from COVID-19 will be eligible to receive funds from the up to $14 billion allocated for assistance.

“We just celebrated 10 years as a company,” says CEO Jim Blome. “And we showed that in 15 months we pioneered a regulatory path, launched a product, and took it all the way from the grower to the food company.”

President Trump hopes to sign a trade deal to open more agricultural and industrial opportunities with India shortly after the conclusion of the Senate impeachment trial, according to Pro Farmer’s Jim Wiesemeyer.

With the phase one trade deal with China official, farmers are expecting more positive momentum in the markets. However, they shouldn’t expect an extension of the MFP, according to USDA Secretary Sonny Perdue.

Health insurance open enrollment started earlier this week—do you know what to look for when it comes to coverage?

News is breaking late Friday. President Trump is announcing of a Phase 1 agreement between the U.S. and China concerning trade. Clinton Griffiths, the Host of AgDay, has analysis from a Washington Correspondent.

The U.S. and China reached a partial agreement Friday that would broker a truce in the trade war and lay the groundwork for a broader deal.

Inspectors tested and discovered a harmful chemical in tainted sewer sludge from the Lapeer, Michigan waste water treatment plant, back in 2017. Those solids were used for fertilizer. Today, it’s still not an option.

“It will be the perfect tractor for a 16-row planter, a 1,000-bushel grain cart or for some light tillage and general work around the farm.”

With poor crop conditions and a record amount of prevent plant weighing on farmers' balance sheets in 2019, one economist thinks MFP 2.0 may not be enough to get net farm income back to a level needed for some stability.

President Donald Trump and China’s Xi Jinping agreed to another truce in their trade war Saturday, removing an immediate threat looming over the global economy even as a lasting peace remains elusive.

President Donald Trump will address farmers regarding his 2019 tariff aid plan.

USDA announced a new tariff aid plan that offers a single payment rate for all commodities.

The Trump administration is preparing to announce another round of aid to farmers hurt by the trade war with China as soon as Thursday.

The U.S. hiked tariffs on more than $200 billion in goods from China on Friday in the most dramatic step yet of Donald Trump’s push to extract trade concessions.

Trade talks with China are set to kick back up next week in Washington, D.C. and Farm Journal Washington Correspondent Jim Wiesemeyer thinks there's a 98% the U.S. will see a trade deal soon.

Trade talks with China are set to kick back up next week in Washington, D.C. and Farm Journal Washington Correspondent Jim Wiesemeyer thinks there's a 98% the U.S. will see a trade deal soon.

Presidential candidate Sen. Elizabeth Warren is taking aim at checkoff programs.

Just when it looked like the trade-war pain would ease, flooding across the Midwest has done billions of dollars in damage.

The flooding is expected to continue throughout the week in several states as high water flows down the Missouri River.

The trade battle between the U.S. and China continues, and fresh data from U.S. Department of Agriculture puts it into perspective, showing some states saw exports decrease more than 80 percent to China in 2018.

The cold, wet weather pattern won't seem to budge, but things could be turning around. Meteorologist Mike Hoffman says his 90-day forecast looks promising, especially for April, just in time for spring planting. 

Statistics show the nation's farmers are struggling to pay back their loans after years of low crop prices _ with nearly one out of every five loans in a government farm program now delinquent.

President Donald Trump says he will extend a deadline to escalate tariffs on Chinese imports, citing "substantial progress" in weekend talks between the two countries.

President Donald Trump plans to meet with China’s top trade negotiator Friday afternoon as the U.S. tries to forge a preliminary deal with its biggest economic rival.

Is a focus on China costing U.S. farmers market share in Japan?

Lavish hunting trips, taxidermy animals, all-terrain vehicles and real estate were just a few of the purchases made with more than stolen $5.3 million from a farm cooperative by its former general manager.

Thursday is the last day for eligible farmers to apply for Market Facilitation Program payments.

President Donald Trump took to twitter ahead of trade talks between the U.S and China, touting the benefits of tariffs. Purdue Univ. economist Wally Tyner fact-checks the President's tweet.

U.S. government officials are publicly withholding judgment on China’s efforts to ease trade tensions ahead of talks next week.

As the partial government shutdown enters day six, the majority of USDA isn't disrupted yet. If the standoff between the White House and Congress persists, it could impact the timing of the tariff aid relief from USDA.

President Donald Trump signed H.R. 2, the Agriculture Improvement Act, better known as the 2018 Farm Bill, in a ceremony at USDA Thursday afternoon.

Tariff aid payments under the Market Facilitation Program (MFP) could face another delay as the federal government inches ever closer to a partial shutdown.

President tweets his approval for second round of trade aid.

It been a while since John Phipps' Tariff 101 series, so he thinks this might be a good time to look at what we have learned from trade data gathered from tariff actions.

Highlights of the Commodity Title of the 2018 farm bill

House and Senate negotiators Monday evening released the text of a farm bill that mostly makes tweaks to the provisions of the 2014 bill it replaces.

The cease-fire of an escalating trade dispute between the U.S. and China is igniting hopes of a possible de-escalation drove markets to start of the week, despite retaliatory tariffs still being in place.