Soybean growing states were pummeled with challenges this past year. Late planting, too much or too little rain, followed by a late harvest meant even soybeans grown for seed endured less-than-ideal conditions.
Taking a cue from difficult trade situations, depressed prices and record stocks, soybean acres could decline this coming year. The shift away from soybeans will likely come from the highest producing states.
Once-reliable soybeans now bring nothing but unanswered questions. What will tariffs and trade agreements mean for export opportunities? How will prices respond with or without successful trade policy?
Kyler Laird is about to carve a notch into agriculture history by planting 10,000 acres of soybeans with a driverless tractor. Skeptics beware: Laird has loosed the DIY robots and his operation will never be the same.
U.S. soybean farmer’s biggest foreign competitor Brazil faces new challenges as a judge moves to ban glyphosate until more toxicology studies are completed. The country will potentially increase soybean acres up to 5%.