More in Soybeans

  • Dec. 11, 2012
    blog

    No Increase in Corn Ending Stocks

    USDA’s supply/demand estimates for ending stocks moved in the direction the trade expected, with the exception of corn, which was left at 647 million bushels rather than the average increase to 666 million the trade expected (range 493-752). USDA made no changes to its balance sheet, but reduced its price range to $6.80-8 from November’s $6.95-8.25....More
  • Nov. 26, 2012
    blog

    Check out Extreme Beans: The Website

    You've read the extreme beans insert, and hopefully you've downloaded the app. Now you can read all the information online, too!...More
  • Nov. 20, 2012
    blog

    Low Protein Content, Strong Exports Boost Bean Crush

    November-March is the U.S. oilseed industry’s strongest season for crush, and this year it kicked off early, with October crush coming in at 153.5 million bushels, the largest in three years – up almost 9% from 2011 – and above trade expectations, according to data from the National Oilseed Processors Association (NOPA). The average trade estimate was 144.4 million bushels, up 21% from September and 2% from a year earlier, according to a Dow Jones Newswires survey before the NOPA data were released. But the range of estimates was unusually wide, 127.2-152.5 million bushels....More
  • Nov. 13, 2012
    blog

    USDA Increases Expected Soybean Production

    The USDA Crop Production report released on Nov. 9 increased the estimated total soybean production in 2012 to 2.97 billion bushels, which is 4% above the 2.86 billion bushel estimate in October. The 2012 soybean production estimate is still 4% lower than the 2011 U.S. soybean production of 3.09 billion bushels, and 11% below the 2010 production level of 3.33 billion bushels. This production increase is a fairly major production adjustment for this late in the year....More
  • Oct. 23, 2012
    blog

    2013 Acreage Watch

    Soybeans come in a poor second compared to corn in Ohio State University's initial crop budget analysis for 2013. The spreadsheet used by Barry Ward, Extension production business management specialist, plugged in sales values of $6.24/bu. for corn and $13.20/ bu. for soybeans....More
  • Oct. 16, 2012
    blog

    USDA Crop Report Increase Minnesota Yield

    The Oct. 11 USDA crop report showed significant increases for both corn and soybean yields in Minnesota, as compared to September crop report. This corresponds closely to actual corn and soybean yields being reported from many areas of the state, which have been better than expected, given the extremely dry weather conditions that existed in several areas. Crop yields in the southwest and south-central parts of the state have been highly variable due to the drought conditions that existed during the last half of the 2012 growing season....More
  • Oct. 9, 2012
    blog

    Drought Continues, Harvest Wrapping Up

    Even though the 2012 harvest season is rapidly drawing to a close, most areas of southern and western Minnesota remain in severe to extreme drought, with conditions worsening in the past couple of months. The latest U.S. Drought Index places all of south-central and southwest Minnesota in an extreme drought category. Approximately 85% of the major corn- and soybean-producing areas in the U.S. are currently experiencing some level of drought, including most of the Western Corn Belt States and nearly all of the Plains states....More
  • Oct. 5, 2012
    blog

    Extreme Beans: The App

    Access valuable research information, plus two calculators to help you determine which inputs get you the most bang for your buck and which seeding rates are optimal for your highest return.m...More
  • Sep. 25, 2012
    blog

    Harvest Progresses Rapidly

    Corn and soybean harvest is progressing at a very rapid rate in most portions of southern Minnesota and northern Iowa, as a result of almost perfect harvest conditions. As of Sept. 21, harvest progress for both corn and soybeans was at 25-50% completed in much of south-central and southwest Minnesota. This level of harvest progress is more typical of mid- to late October than late September. Most of the crops have matured beyond any potential damage from a killing frost....More
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