Exports: Both corn and soybeans tumble
Optional Origin Sales: For MY 2013/2014, outstanding optional origin sales total 130,000 MT, all China.
Soybean futures rallied on Wednesday, reflecting trader expectation about Chinese actions after they canceled a large number of Brazilian orders earlier this week due to its logistical problems and resulting delays. The futures rally continued into Thursday morning on anticipation of Chinese demand for U.S. soybeans. May soybeans surged 9.25 cents to $14.29/bushel early Thursday morning, while May soyoil climbed 0.39 cents to 50.23 cents/pound, while May meal moved up $1.6 to $415.4/ton.
- Ag markets posted a mixed showing before the long weekend
- Central American farmers generate energy from coffee wastewater
- Big potential in China for U.S. corn, livestock exports
- Outback Guidance introduces next generation auto steer systems
- Ag markets proved quite mixed again Friday morning
- Court ruling in Hawaii finds that crop protection is state law
- No El Niño in 2014? Drought-weary California in trouble
- Suspected Bt corn rootworm resistance in Pennsylvania
- Commentary: Setting the record straight on 'Waters of the U.S.'
- Soybean aphid numbers on the rise
- BioNitrogen to build second fertilizer plant in Texas
- Pinnacle Agriculture, Tecomate Wildlife form alliance