AgProfessional Magazine

AgProfessional magazine is a monthly magazine that provides editorial and advertising for agronomic and business management solutions specifically to agricultural retailers/distributors, professional farm managers and crop consultants.

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The latest news and information of specific interest to farm managers, crop consultants, ag retailers and the ag industry professionals serving them is delivered weekly on Monday in this e-newsletter.

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News specific to inform, educate and assist ag retailers is delivered in this e-newsletter weekly each Thursday. Circulation is limited to only ag retailer/distributor management and employees.

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Market Commentary

Afternoon Comments 05/23


Soybean futures also traded weakly early Thursday morning, but later seemed to benefit from the USDA Export Sales report. Old crop sales reached 183,500 tonnes last week, while the top forecast was 100,000; new crop sales netted 838,900 tonnes, easily topping the largest estimate at 450,000. However, traders appeared much less optimistic about new crop price prospects, possibly due to ideas plantings are progressing very rapidly. The stunning reversal from noon highs may presage short-term July weakness. July soybean futures closed up 5.25 cents at $14.995/bushel Thursday after having reached $15.4675 at one point. July soyoil rose 0.02 cents to 49.66 cents/pound, and July soybean meal fell $3.6 to $437.0/ton.
Market Info

Latest News

Wet U.S. Midwest sections may lead to fewer corn acres

05/23/13

Rainfall over the next week to 10 days in parts of the Midwest will delay late corn seedings and possibly cause a shift from corn to soybean acreage, an agricultural meteorologist said on Thursday.

Purdue issues new publication on fungicides

05/23/13

A new publication designed to help farmers make fungicide-related decisions is now available through Purdue Extension.

Soybean planting tips for 2013

05/22/13

The cool, wet spring has delayed soybean planting in Michigan. However, when field conditions are suitable, soybean planting will proceed rapidly. In order to get the crop off to a good start, Michigan State University Extension encourages producers to consider four factors when planting soybeans.

New agreement licenses microorganism to boost corn, soybeans (05/20/13)

Rains to bog down already record-slow U.S. corn plantings (05/20/13)

USDA: 2012 chemical usage data for soybeans, wheat (05/20/13)

Soybean planting into cool wet soil (05/20/13)

Assessing soybean stands under cool conditions  (05/15/13)

Tips for controlling slugs in no-till soybean, corn fields (05/13/13)

Prices for corn and soybeans, five years from now (05/10/13)

View All Articles »

Commodity Info

Charts

Markets

Grain Prices @ Illinois Interior Country Elevators (05/23/13)

Interior Iowa Elevator Grain Prices (05/23/13)

Grain Prices Illinois River Barge Points (05/23/13)

Utah Grain Bids (05/23/13)

California Weekly Grain Report (05/23/13)

Soybean Crush Report (05/23/13)

Export Grain Bids (05/23/13)

CO/NE/WY Elevator Grain Bids (05/23/13)

Montana Cash Grain Prices (05/23/13)

North Carolina Grain (05/23/13)

View All Articles »

Key Reports/Outlook

Exports: Corn plunges 52 percent (05/23/13)

Exports: Corn up 90 percent from last week (05/16/13)

USDA projects soybean production at record 3.390 billion bushels (05/10/13)

Exports: Corn sales plummet 65 percent (05/09/13)

Crop markets exhibit considerable strength Thursday morning (04/25/13)

Exports: Soybeans plummet to marketing year low (04/25/13)

WASDE: Soybean ending stocks unchanged (04/10/13)

USDA: Corn planted acreage up slightly from last year (03/28/13)

Corn stocks down 10 percent from March 2012 (03/28/13)

Exports: Corn climbs as soybeans dip (03/28/13)

View All Articles »
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