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Tag "soybean prices"

Marketing the Crop: Every Nickel Counts, Especially When it Comes to Soybeans – DTN

Marketing the Crop: Every Nickel Counts, Especially When it Comes to Soybeans – DTN

👤By Todd Hultman DTN Analyst 🕔Aug 17, 2017

After USDA’s Prospective Plantings report at the end of March, it seemed clear that most of the reduced acres in corn and wheat were switching to soybeans in 2017. Even today, USDA stands by its estimate of 89.5 million planted

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Oil Crops Outlook: Looming Soybean Supplies May Propel Export Surge

Oil Crops Outlook: Looming Soybean Supplies May Propel Export Surge

👤From USDA 🕔Aug 15, 2017

USDA’s National Agricultural Statistics Service published its first survey-based forecast of the 2017/18 U.S. soybean yield this month at 49.4 bushels per acre. USDA forecasts the 2017/18 harvest at 4.381 billion bushels, eclipsing last year’s all-time high of 4.307 billion.

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Grain Markets: Corn and Soybean Yield Forecasts Larger Than Expected

Grain Markets: Corn and Soybean Yield Forecasts Larger Than Expected

👤By Todd Hubbs, University of Illinois Ag Economist 🕔Aug 14, 2017

The USDA’s August Crop Production report contained larger than expected forecasts for the 2017 U.S. corn and soybean crops. At 169.5 bushels per acre and 49.4 bushels per acre respectively, the corn and soybean yields came in above trade expectations.

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WASDE Oilseeds: U.S. Soybean Production Raised on Higher Yield

WASDE Oilseeds: U.S. Soybean Production Raised on Higher Yield

👤From USDA 🕔Aug 10, 2017

U.S. oilseed production for 2017/18 is projected at 130.9 million tons, up 3.9 million from last month mainly due to higher soybean production. Soybean production is forecast at 4,381 million bushels, up 121 million on higher yields. Harvested area is

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Illinois Farmland Rents: 2017 State Values and 2018 Outlook

Illinois Farmland Rents: 2017 State Values and 2018 Outlook

👤By Gary Schnitkey, University of Illinois Department of Agricultural and Consumer Economics 🕔Aug 8, 2017

The National Agricultural Statistical Service (NASS), an agency of the U.S. Department of Agriculture, released 2017 cash rents and land values for major agricultural producing states. For Illinois, the 2017 cash rent was $218 per acre, down by $3 per

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Ag Economy: Farmers Feeling Good with Expectations of Higher Commodity Prices

Ag Economy: Farmers Feeling Good with Expectations of Higher Commodity Prices

👤By Jennifer Stewart-Burton, Purdue University Ag Economist, and Chris Grams and Laurie Bischel, CME Group Economists 🕔Aug 1, 2017

The Purdue/CME Group Ag Economy Barometer turned higher in July, following several months of stagnation. The index of agricultural producer sentiment, which is based on a monthly survey of 400 agricultural producers from across the country, reached 139 in July

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Soybean Market: Weather and Crop Condition – 14% of U.S. Soy Acres in Drought

Soybean Market: Weather and Crop Condition – 14% of U.S. Soy Acres in Drought

👤By Todd Hubbs, University of Illinois Ag Economist 🕔Aug 1, 2017

Soybean prices continue to reflect weather and crop conditions. The volatility in price movements associated with weather will continue for the next six to eight weeks. An initial indicator of price direction will be provided by the USDA reports to

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Oil Crops Outlook: Less Burdensome Soybean Stocks Support Prices

Oil Crops Outlook: Less Burdensome Soybean Stocks Support Prices

👤From USDA 🕔Jul 14, 2017

U.S. soybean planted acreage in 2017/18 totaled an all-time high 89.5 million acres, virtually unchanged from farmers’ intended planting in March. With the soybean yield forecast unchanged, a higher estimate of harvested acreage edges up the 2017/18 soybean production forecast

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WASDE Oilseeds: U.S. Production Raised on Increased Harvested Area

WASDE Oilseeds: U.S. Production Raised on Increased Harvested Area

👤From USDA 🕔Jul 12, 2017

U.S. oilseed production for 2017/18 is projected at 127.0 million tons, up 0.2 million from last month, with increases for soybeans, canola, and peanuts only partly offset with a lower forecast for sunflowerseed and cottonseed. Soybean production is projected at

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Soybeans and Corn: Cash Rent and Acreage Plans for 2018

Soybeans and Corn: Cash Rent and Acreage Plans for 2018

👤By Gary Schnitkey, University of Illinois Department of Agricultural and Consumer Economics 🕔Jul 7, 2017

As fall approaches, the time nears for determining 2018 cash rents and making initial acreage allocation decisions between corn and soybeans. Price expectations for 2018 will play a role in cash rent and acreage decisions. At this point, prices of

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