More in Soybeans

  • Apr. 3, 2012
    blog

    March 30, 2012 USDA Report Recap

    On March 30, USDA released its Prospective Plantings and Quarterly Grain Stocks reports. These were very highly anticipated USDA reports, due to the uncertainty in grain prices in recent months, as well as with the tight USDA estimated grain stocks that existed on March 1. Typically, these late-March reports are very critical to farm operators and grain traders because these reports tend to have a high impact on grain market prices in the spring and early summer....More
  • Apr. 3, 2012
    blog

    Soybean Market Needs More Acres

    Tightening world soybean supplies and lower-than-expected U.S. planting intentions have the soybean market working hard to buy more acreage and ration old-crop supplies. It may now take evidence of larger plantings or a significant slowdown in demand to put another major top in the market....More
  • Mar. 20, 2012
    blog

    Soybean Market Vulnerable

    Uncertainty about South American supplies and strong Chinese demand have continued to drive soybean prices up, despite fast harvest progress in Brazil and the start of Argentina’s harvest. Estimates of production are still falling as a result of crop problems in southern Brazil. Brazilian analyst AgroConsult cited worse-than-expected yields in Rio Grande do Sul last week when it lowered its estimate of Brazil’s soybean crop by 3 million metric tons (mmt) to 67.1 mmt....More
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