Exports: Both corn, soybeans surge
The primary destinations were China (723,500 MT), the Netherlands (125,500 MT), Spain (81,600 MT), Mexico (77,500 MT), and South Korea (58,900 MT).
Optional Origin Sales: For MY 2012/2013, optional origin sales totaling 126,000 MT were reported for China. Outstanding optional origin sales total 126,000 MT, all China. For MY 2013/2014, optional origin sales totaling 120,000 MT were reported for China. Outstanding optional origin sales total 120,000 MT, all China.
On Wednesday morning soybean futures were able to sustain most of their early gains well into the noon hour as talks of dryness in Argentina helped to provide support. An early-morning slide in the soybean market on Thursday did not inspire confidence, and March beans fell 5 3/4 cents to at $14.30 3/4 in pre-dawn electronic trading, while March soyoil dipped 0.28 cents to 51.03 cents/pound and March meal lost $1.8 to $417.3/ton.
- Sign-up begins for USDA disaster assistance programs
- Grain futures lagged the other ag markets Wednesday
- Pacific Coast Terminals and K+S Potash Canada sign agreement
- Soy, cotton futures led the ag markets Wednesday morning
- Monthly fertilizer prices: Comparing 2014 through 2009
- USDA releases April water supply forecast for the West
- Commentary: Blame anti-GMO groups for deaths
- Julie Borlaug says biotech is necessary in fight against hunger
- Climate change will reduce crop yields sooner than we thought
- What does “sustainable” food and agriculture really mean?
- Ohio bill to require certification to apply fertilizer
- Carbon-dioxide hurts nitrogen assimilation by plants