Tag: soybean outlook
Oil Crops Outlook: Strong U.S. Soy Meal Demand Fuels Record Crush
Brighter market conditions for domestic soybean processors prompted this month’s forecast increase in the 2017/18 crush by 10 million bushels to 1.97 billion. Higher forecasts for domestic use (by 250,000 […]
Oil Crops Outlook: U.S. Season-Ending Soybean Stocks Shifted Higher
USDA forecast 2017/18 season-ending soybean stocks 25 million bushels higher this month to 555 million. This month’s expected increase was the consequence of a lowered 2017/18 export forecast, which is […]
Louisiana: Tri-State Soybean Forum Highlights Producer Outlook
Producers in Louisiana, Arkansas and Mississippi may see record soybean yields across the region in 2018, said LSU AgCenter associate vice president and plant science program leader Rogers Leonard at the […]
Oil Crops Outlook: Soybean Supplies Curtailed by Lower Carryover Stocks
Compared to the prior estimate, sown soybean acreage for 2017/18 is estimated up 694,000 acres to a record 90.2 million. Even with the higher acreage, USDA’s October Crop Production report […]
Oilseeds Outlook: Modestly Higher Soybean Yields Offset a Reduced Stocks Carryover
USDA’s Crop Production report this month raised its forecast of the 2017/18 U.S. soybean yield to 49.9 bushels per acre, from 49.4 bushels in August. With harvested acreage unchanged, the […]
Oil Crops Outlook: Looming Soybean Supplies May Propel Export Surge
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 […]
Oil Crops Outlook: Less Burdensome Soybean Stocks Support Prices
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 […]
Oil Crops Outlook: Big South American Crops Pressure U.S. Soy Meal
USDA lowers its forecast of the 2016/17 soybean crush by 15 million bushels this month to 1.91 billion due to lackluster domestic demand for soybean meal. USDA lowered its 2016/17 […]
Oil Crops Outlook: Soybean Acreage to Rise with Shift from Wheat, Corn
USDA’s Prospective Plantings report last month indicated that for the 2017/18 crop year, U.S. farmers intend to sow a record 89.5 million acres of soybeans, due to likely contractions in […]
Oil Crops Outlook: Soybean Price Level Sustained by Steady Demand
USDA’s 2016/17 forecast of the domestic soybean crush is unchanged at 1.93 billion bushels. Forecasts of domestic and export demand for soybean meal and soybean oil are also unchanged. The […]