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Tag: soybean outlook
Oil Crops Outlook: Higher Soybean Prices Led by Lower Supply, Brisk Export Sales Sep 25, 2020
Based on dry August conditions for several States, USDA’s Crop Production report forecast the national average soybean yield down to 51.9 bushels per acre from 53.3 bushels last month. Consequently, […]
Oil Crops Outlook: Outstanding Soybean Yields Counter Brighter Export Outlook Aug 21, 2020
USDA’s Crop Production report this month published a 2020/21 U.S. soybean yield forecast at a record 53.3 bushels per acre that boosts the crop to 4.425 billion bushels. Coupled with […]
Oil Crops: Domestic Soybean Crush Setting All-time High as Meal Use Gains Jul 23, 2020
USDA’s Acreage report last month indicated that the 2020/21 soybean acreage is 83.8 million acres, a 10-percent recovery from 2019/20. A slightly higher harvested acreage estimate raises USDA’s forecast of […]
Oil Crops Outlook: Demand for Domestic Soy Meal Use, Oil Exports Stays Robust Jun 26, 2020
The U.S. soybean crush for 2019/20 is expected 15 million bushels higher this month to a record 2.14 billion. The increase is based on continuing gains for domestic use of […]
Oil Crops Outlook: Brighter U.S. Exports May Trim Stocks Surplus May 22, 2020
U.S. soybean production for 2020/21 is projected at 4.125 billion bushels, up 568 million from last year’s crop. The increase is largely based on farmers following through on intentions to […]
Oil Crops Outlook: U.S. Soy Product Exports Gain from Lagging Argentine Trade Apr 24, 2020
This month, USDA boosts its forecast of the 2019/20 soybean crush by 20 million bushels to a record 2.125 billion, based on steady soybean meal demand. A current shortfall in […]
Oil Crops Outlook: Larger South American Crops Subdue U.S. Prices Mar 19, 2020
Even with no forecast changes this month for U.S. soybean supply and demand, there is sustained pressure on domestic prices. Ever larger crops and exchange rate weakness in South America […]
Oil Crops Outlook: Higher Global Imports Boost U.S. Soybean Export Prospects Feb 19, 2020
USDA raises its forecast of 2019/20 soybean exports this month by 50 million bushels to 1.825 billion. With no other changes for U.S. soybean supply or domestic use, season-ending stocks […]
Michigan Webinar: Corn, Wheat, Soybean Price Outlook – Feb. 14 Feb 6, 2020
The 2020 Field Crops Webinar Series will continue on Feb. 14 with “Corn, Wheat and Soybean Price Outlook.” For the last time before he retires, Michigan State University Extension agricultural […]
Oil Crops Outlook: Soybean Prices Supported by Strengthening Soy Oil Market Jan 21, 2020
In its Crop Production—2019 Summary report, USDA published an estimate of the 2019/20 U.S. soybean crop at 3.558 billion bushels, up 8 million from the previous forecast. The small production […]
