September 28, 2016 Beans couldn’t hold it together today closing the session down 7 cents due to harvest pressure. Funds were sellers of 2,000 lots and called it a day. Weather looks awesome for the next several days so there will be plenty of progress being made. Farmers will be switching from corn to beans pretty soon as the corn does better standing in the field. View Details
Sep 28 Too Early to Sell the 2017 Soybean Crop? Soybean prices during the last five months of the 2015-16 marketing year averaged much higher than during the first seven months of the year. Read More
Sep 07 Soybean Use Exceeded USDA Projection. Did Corn Use Fall Short? According to a University of Illinois agricultural economist, based on data currently available, soybean consumption exceeded the forecast of 3.889 billion bushels. Read More
Aug 23 Understanding “Implied Ear Weight” in Aug. Yield Forecast After the report was released there was considerable discussion of the “implied ear weight” that NASS calculates for each monthly forecast and final estimate. Read More