Soybeans
Arlan Suderman of StoneX joined market specialist Tony St. James to discuss the USDA’s October WASDE report and its implications for corn, soybeans, cotton, and commodity demand.
Courtney Knupp wants faster results as soybean growers face challenging market conditions.
The proposed extension would keep the small producer credit in place through 2029.
China remained the leading destination for U.S. soybeans as weekly sales declined.
Lower milk and calf prices are providing less support as feed costs move higher.
Wet weather has delayed harvest, forcing some processors to pay more for available local soybeans.
Brazilian soybeans maintained a delivered-cost advantage over U.S. supplies during the second quarter.
Farmers could spend thousands more on diesel despite new federal relief aimed at fuel costs.
China accounted for more than half of U.S. soybean sales in the latest reporting week.