Soybean growers have been fighting against low prices since 2022.
Don Wyss of the United Soybean Board’s Audit and Evaluation Committee says some farmers are turning to dairy, offering up their product for cattle rations.
“I call it a win-win. You know, we’re winning by seeing this go into the feed rations of dairy cows but also continuing to, in a tighter margin environment, see new developments on the demand side for our soybeans, and this is only going to continue to grow going forward with the results that we’re seeing coming out of that benefit to the dairy industry. There’s some additional work being done in swine right now, too, to look at this, so we may not be done yet,” said Don Wyss.
This project, to get high oleic soybean oil into cattle feed, has been in the works for some time now, and Wyss says the research was funded in part with checkoff dollars.
Firm live cow prices and shifting dairy-side culling suggest cull cow values may stay stronger than usual this winter despite weaker cow beef cutout trends.
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Lewis Williamson with HTS Commodities shares an update on post-WASDE grain movement, with corn leading export momentum, soybeans steady, and wheat and sorghum continuing to move selectively.
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New SDRP funding and expanded loss programs give producers additional tools to rebuild cash flow and stabilize operations after two years of severe weather losses.
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China still has a long way to go before it meets its commitment to buy 12 million metric tons of U.S. soybeans this year.
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Strong U.S. yields and steady demand leave most major crops well supplied, keeping price pressure in place unless usage strengthens or weather shifts outlooks.
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While agriculture doesn’t predict every recession, the sector’s long history of turning down before the broader economy
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