soybean
Startlingly high US corn and soybean yields possible
With continued good weather, U.S. corn and soybean crops could be well above the records now projected for this year, says economist Carl Zulauf of Ohio State University. "The current crop conditions report suggests that yields are likely to be above trend line," Zulauf writes after citing four methods to estimate the potential yields.
Wet spring expected to trim size of corn and soybean harvest
The rainy spring that snarled soybean planting and flooded corn fields will trim slightly the size of this year's corn and soybean crops, according to traders who were polled ahead of projections to be released by the USDA today.
Economist predicts break-even farm revenue for years to come
After the fall-off from record-high corn, soybean and wheat prices in 2012, Purdue economist Mike Boehlje says growers can expect to "bounce along close to break-even for five to 10 years," reports DTN.
Corn and soybeans may yield negative returns this year
Corn and soybean growers may see negative returns on their crops for the first time since 2000, estimates economist Gary Schnitkey of U-Illinois. At farmdoc daily, Schnitkey computes likely crop revenue and production costs for a typical farm in central Illinois with higher-yielding land. "Farmer returns have come down from high levels in 2012 to lower levels in 2013, to (projected) negative levels in 2014," he says.
Soy crop to set record, corn to fall short, says KSU
U.S. soybean growers will harvest a record 3.6 billion bushels of the oilseed this fall but the corn crop, at 13.3 billion bushels, will run 4 percent short of a record, estimated economist Dan O'Brien of Kansas State University. O'Brien also forecast 2014/15 end stocks of 1.3 billion bushels of corn, largest since 2009/10, and 417 million bushels of soybeans, largest since 2006/07.
More belt-tightening by farmers is on the horizon
Corn and soybean growers will need to trim their cash flow again in 2016 if commodity prices repeat this year's comparatively low levels, says economist Gary Schnitkey of U-Illinois.
Rain mires Kansas wheat harvest, soy planting in Missouri
Persistently rainy spring weather is bogging down the winter wheat harvest in Kansas, the No. 1 state for winter wheat, Oklahoma and Missouri, says the weekly Crop Progress report.
Bad weather may prevent planting of 1 million soybean acres
Growers may be prevented by bad weather from planting 1.1 million acres of their intended record 84.6 million acres of soybeans, says economist John Newton of U-Illinois.
Amid tight supplies, a mammoth soybean crop on the horizon
Three years of ever-tighter U.S. soybean supplies will end this fall in a record harvest if USDA estimates prove true. Its Acreage report, based on a survey of 71,000 operators, estimated soybean plantings at a record 84.8 million acres, or 8 percent above the mark set in 2009, which is also the record year for soybean production at 3.359 billion bushels. Plantings would be 4 percent larger than farmers planned in March.
In key report, USDA projects big corn, soy crops
The government will make its first estimate of the winter wheat crop and project the corn and soybean harvests in a pair of reports on Tuesday that traditionally rank among the most important of the year. They mark the moment when the USDA turns its attention to the new crops and when the key question for 2014's crops becomes the size of the stockpile when the marketing year ends.
USDA projects third mammoth corn crop in a row
U.S. farmers will grow their second-largest soybean crop ever this year, and the third-largest corn crop, according to the USDA's revised projections of spring planting. In the opening day of its Outlook Forum, the department projected corn plantings of 89 million acres and soybeans at 83.5 million acres. That's 1 million more acres of corn than was projected in December and 500,000 fewer acres of soybeans. It would put soybean plantings just below the record 83.7 million acres of 2014.
Near-record soybean harvest may follow last year’s top crop
U.S. soybean farmers could reap a near-record 3.81 billion bushels of soybeans this year, adding to an ample stockpile and pulling down prices, says economist Darrel Good of U-Illnois.
Record exports for biggest-ever US soybean crop
U.S. soybean exports are headed for a record 1.77 billion bushels this marketing year, nearly 45 percent of the largest crop ever grown by U.S. farmers, says USDA. If the estimate proves true, exports would be 7 percent larger than last season.
Brazil is forecast to reap a record-setting soybean crop
Brazil, No 2 to the United States as a soybean producer, will reap a record 95.5 million tonnes of the oilseed, forecasts USDA - 10 percent than its previous crop.
Less winter wheat is sown, suggesting less wheat, more soy
Wheat farmers planted the smallest amount of winter wheat in five years and 5 percent less than last year, said the government, based on a survey of growers in early December. Winter wheat is planted in the fall, lies dormant during the winter and sprouts in the spring for harvest in early summer. The total of 40.2452 million acres was far below trade expectations and also was the second-smallest figure in a decade.
Record US soy exports as world harvests biggest crop ever
U.S. soybean exports are headed for a record 1.76 billion bushels this marketing year although the world is flooded with the oilseed, said USDA. In its monthly WASDE report on crop output and usage around the world, USDA raised its export forecast by 40 million bushels, to 1.76 billion bushels, citing "the record export pace in weeks and prospects for additional sales and shipments ahead of the South American harvest."
Scientists find gene that helps soybeans to tolerate salinity
A collaboration between researchers in Australia and China identified a gene that allows the soybean plant to better tolerate soil salinity, says the University of Adelaide.
Big US shift to soybeans in 2015, says farmer survey
Growers plan "a massive shift into soybeans" and away from corn in 2015, according to an email survey of 1,650 farmers by Farm Futures that concluded a few days ago.