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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

Closing Comment 05/16


Soybean futures closed mixed on Wednesday. Spillover support from rising soybean meal futures helped to encourage soybean prices. U.S. export sales are expected to be down adding additional pressure to prices. Overall long term supply and demand fundamentals will support prices. The July contract is up 9 cents at $14.22, and the November contract is down 2 3/4 cents at $13.02 1/4.
Market Info
Home > Resource Centers > Soybean

Key Reports/Outlook

Corn planting propels to 87 percent

05/14/2012 3:45:47 PM
Last year’s slow planting is now a distant memory for farmers as USDA's latest Crop Progress Report shows 87 percent of corn is planted. Farmers advanced by 16 percentage points this week, marking the fourth straight week of double-digit progress from the previous week. ... Full story.

Soybean sales dip 22 percent

05/10/2012 8:49:01 AM
According to the USDA's U.S. Export Sales report, soybean net sales of 466,500 MT were down 22 percent from last week and 19 percent from the 4-week average. ... Full story.

Soybean production pegged at 3.2 billion bushels

05/10/2012 7:42:52 AM
The USDA's WASDE report showed that U.S. oilseed production for 2012/13 is projected at 97.0 million tons, up 6 percent from 2011/12. Higher soybean production accounts for most of the increase, but sunflowerseed, canola, peanut, and cottonseed production also are all projected above last year. ... Full story.

Soybean sales drop 35 percent

05/03/2012 6:45:00 AM
According to the USDA latest U.S. Export Sales report, soybean net sales of 598,000 MT were down 35 percent from last week, but up 14 percent from the 4-week average. ... Full story.

Corn planting surges to 53%

04/30/2012 3:25:06 PM
Despite wet weather limiting corn planting for some farmers, 53 percent of corn has now been planted according to the USDA’s weekly Crop Progress Report. This is well above the five-year average of 27 percent and last week’s report of 28 percent. This week’s progress also is more than four times above last year’s pace of 12 percent. ... Full story.

USDA: Soybean sales soar this week

04/26/2012 7:35:00 AM
According to the latest U.S. Export Sales report, soybean net sales of 926,200 MT were up noticeably from last week and from the 4-week average. ... Full story.

Soybean sales drop 19 percent

04/19/2012 9:25:46 AM
According to the USDA's latest U.S. Export Sales report, soybean net sales of 374,300 MT were down 19 percent from the previous week and 12 percent from the prior 4-week average. ... Full story.

Grains settle lower on Monday

04/16/2012 3:42:31 PM
Corn futures ended lower. Widespread rain over the weekend, particularly in the northwestern Corn Belt, helped recharge soil moisture just as planting is set to ramp up. ... Full story.

USDA: Soybean sales climb

04/12/2012 7:45:00 AM
According to the USDA's latest U.S. Export Sales report, soybean net sales of 460,100 MT were up 13 percent from last week and unchanged from the 4-week average. ... Full story.

Soybean prices projected higher

04/10/2012 7:45:44 AM
According to the USDA's WASDE report, U.S. soybean exports for 2011/2012 are increased 15 million bushels this month to 1.29 billion. ... Full story.

Corn stocks drop 8 percent, soybean stocks jump 10 percent

03/30/2012 7:40:49 AM
The USDA's latest Grain Stocks report showed that corn stocks in all positions on March 1, 2012 totaled 6.01 billion bushels, down 8 percent from March 1, 2011. ... Full story.

Intended corn acreage up 4 percent, soybeans down

03/30/2012 7:37:45 AM
According to the USDA's Prospective Plantings report, corn growers intend to plant 95.9 million acres of corn for all purposes in 2012, up 4 percent from last year and 9 percent higher than in 2010. ... Full story.
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