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Tag: soybean outlook
Oil Crops Outlook: Unsown Soybean Area Lowers Forecast of 2019/20 Production
New USDA survey data revised downward the estimate of sown soybean area for 2019/20 from the June Acreage report by 3.3 million acres to 76.7 million. Since the U.S. average […]
Webinar: Corn and Soybean Outlook, July 2
An upcoming webinar entitled “Corn & Soybean Outlook Update: Following USDA’s Acreage Report” will be hosted by Purdue’s Center for Commercial Agriculture on Tuesday, July 2 at 12:30 p.m. (EDT). There is more uncertainty about the […]
Oil Crops Outlook: Spring Wetness Already Altering Trajectory of 2019/20 Crops
USDA lowered its 2018/19 forecast of U.S. soybean exports by 75 million bushels this month to 1.7 billion. Fewer expected exports raise the forecast of season-ending stocks by 75 million […]
USDA Soybean Outlook: ‘When a Snake Swallows a Rabbit’ – DTN
One day after a winter storm closed U.S. government offices in Washington, D.C., USDA’s annual Agricultural Outlook Forum in Arlington, Virginia, kicked off Thursday with the traditional opening talk from […]
Oil Crops Outlook: Soybean Growers Face Mounting Storage Issues
USDA’s Crop Production report in October forecasts a 2018/19 soybean crop of 4.69 billion bushels based on a 514,000-acre reduction in expected harvested acreage. In contrast, the soybean yield improved […]
Oil Crops Outlook: Soybean Production Soars on Record Yield, Acreage
USDA’s Crop Production report this month indicated an increase in 2018/19 soybean production of 107 million bushels to 4.693 billion. A higher U.S. yield forecast was responsible, which climbed to […]
Oil Crops Outlook: Soybean Prices Plunge to 9-Year Low
Using a harvested acreage estimate of 88.9 million acres and a projected 2018/19 yield of 48.5 bushels per acre, USDA edged up its production forecast for U.S. soybeans by 30 […]
Webinar: Corn, Soybean Marketing – 2018 Outlook, Pricing Opportunities – June 21
The presentation will examine the current market outlook for corn and soybeans including an overview of global and domestic supply and demand. In-season marketing and risk management strategies and opportunities […]
Oil Crops Outlook: Robust Soybean Meal Use Spurs Record Crush
Based on strong soybean meal demand, USDA raised its 2017/18 marketing year forecast of the domestic soybean crush by 25 million bushels this month to a record 2.015 billion. The […]
Global Markets: Oilseeds – U.S. Soybeans Facing Stiff Competition from Brazil
Another record Brazilian soybean crop, currently estimated at 119 million tons, will provide ample supplies for export in 2018. Adding to the competitive pressure is the recent weakening of the […]
