Soybean News
The latest soybean commodity market news and insights for soybean producers and agribusiness.
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Jim McCormick with AgMarket.Net says Mexico, Canada and China are the top three export customers of the U.S. and account for 40% of total exports. So, if these countries retaliate it could be devasting for trade and ag markets.
Friday’s Milk Production report, which showed there was more milk in August than expected, had a bearish effect on spot blocks and butter.
The new numbers show that net farm income will fall $6.5 billion or 4.4%. This is compared to projections released in February suggesting it would fall 26%.
USDA’s Economic Research Service (ERS) will provide an updated 2024 net farm income forecast on Thursday. Economists say the net farm income picture would look even worse it weren’t for improved livestock prices.
Agricultural imports are expected to reach a record $212 billion, up $8 billion from FY 2024. This increase is largely due to rising imports of horticultural products, sugar and tropical products.
It was green across the board today in Chicago, with the exception of whey.
Crop conditions continue to fall as extreme weather plagues this year’s growing season.
Row crop planting has picked up considerable steam over the last week with corn acres now at 80% complete and soybeans at 68%. Both crops are ahead of the five-year average.
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.
As more companies break ground on new soybean processing plants, will soybean meal become cheaper for dairy farmers?
Get your day started with a brief rundown of key news.
Get your day started with a brief rundown of key news.
Get your day started with a brief rundown of key news.
What are your thoughts on the tariff relief package for agriculture?
The University of Missouri Ag Outlook Forum shares a plethora of market insights on corn, soybeans, wheat, cattle, hogs and more.
Read AgWeb’s full coverage from this year’s conference.
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.
U.S. government officials are publicly withholding judgment on China’s efforts to ease trade tensions ahead of talks next week.
After months of waiting, agriculture is expected to get a first taste of the Senate version of the farm bill later this week
Last week President Trump announced new tariffs on steel and aluminum imports. Entering into this kind of trade war could have a significant impact on farmers analysts say.
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.
Get your day started with a brief rundown of key news.
Get your day started with a brief rundown of key news.
Get your day started with a brief rundown of key news.
Get your day started with a brief rundown of key news.
Get your day started with a brief rundown of key news.
Get your day started with a brief rundown of key news.
Get your day started with a brief rundown of key news.