Soybean prices plummeted by $1.10 per bushel during the week as much-needed rains fell across the Midwest. Traders grew wary of bets on crop shortages while farmers got more confident that they’d grow hearty soybean…
Author: superadmin
Wheat Market Wilts
As US farmers are harvesting their winter wheat crop, prices are plunging. Crop yields are projected to be at record highs this year, which will add to a global supply that should break record levels…
USDA Report Boosts Soybeans
The US is seeing more demand for its soybeans, tightening supplies. Before this fall’s harvest comes in, soybean stockpiles will be only 375 million bushels, according to Friday morning’s USDA report. This tight supply and…
Dark Clouds over Soybeans
Wet weather has been plaguing Midwestern soybean farmers, flooding fields and slowing planting. While over half of the bean crop has been planted, some farmers are worried about getting the rest of their soybeans in…