More in Soybeans

  • Jun 18, 2014
    blog

    Soybeans could have one last rally 1

    From a "spread" perspective, I continue to hear talk form many traders who suspect the old-crop/new-crop spread (now at it's lowest level since mid-Feb) will continue to deteriorate – at least through the June 30th report. From there it's believed we could see a late inning rally and perhaps one last hurrah!...More
  • Jun 16, 2014
    blog

    Scout for weeds with new mobile app 1

    Now that crops have emerged, farmers are heading back out to the fields to scout for weeds. As you scout, why not let your smartphone do some of the work? Using the Ag Weed ID mobile app, you can ID weeds on the spot using photos and get control tips. ...More
  • Jun 10, 2014
    blog

    Corn, soybean prices more challenging 1

    It appears the days of $6 corn prices, and maybe even $5 corn, are behind us for the foreseeable future. Projected significant increases in corn carryover inventories, along with fairly good 2014 crop conditions in many areas of the Midwest, will likely continue to put pressure on both cash corn prices, as well as new-crop prices. The outlook for soybean prices is a bit more optimistic, but new-crop soybean prices could also be challenged, if better-than-expected average U.S. soybean yields are achieved in 2014....More
  • Jun 6, 2014
    blog

    Are soybean cash markets telling a different story? 1

    Soybean bears are wondering if the cash markets might be telling a slightly different story than the balance sheet bulls are projecting. The bears are also thinking the USDA will revise last years soybean crop higher by some 15 to 25 million bushels. The question the bulls are asking is how much higher will domestic crush and export demand be raised?...More
  • Jun 3, 2014
    blog

    Crop conditions mixed 1

    Spring 2014 has been a battle for most Upper Midwest crop producers, as they have tried to get corn and soybeans planted on a timely basis. Some favorable weather in late May allowed significant planting progress in many areas of southern and western Minnesota, and adjoining areas of Iowa and South Dakota....More
  • May 30, 2014
    blog

    Fresh NEW Soybean highs or has the party finally ended??? 1

    Soybean "technicians" continue to look for the market to tip its hand in one direction or the other as for a clue if we will make another run to fresh NEW highs or has the party finally ended???    The old-crop JUL14 contract high of $15.36^6 posted last Thursday might be out of the question, especially if you take into account the upcoming Index roll....More
  • May 29, 2014
    blog

    Cover crops do not rob from corn and soybean yields 2

    Rick Juchems, Plainfield, Iowa, is surprised that cereal-rye cover crops did not reduce his corn or soybean yields. He and 11 other Iowa farmers participated in a five-year trial to determine whether rye causes yield hits in the cash crops that follow it. It doesn’t....More
  • May 27, 2014
    blog

    2014 Custom farming agreements 1

    Although the concept of a custom farming agreement is simple, close communication between the custom operator and the landowner is essential. A written contract for the custom farming agreement should definitely be prepared that specifies the amount of payment by the landowner to the custom operator, and all other pertinent details....More
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