Tagged: soybeans

The News & What it Means: A Government Payment Becomes a Missed Market Signal

By John DePutter & Dave Milne – August 28, 2018

 

The news:

“The Trump administration will spend up to $6.2 billion this fall to shield crop and livestock producers from retaliatory tariffs imposed by China and other trading partners, said Agriculture Secretary Sonny Perdue on Monday.”

– Agriculture.com, Aug. 27, 2018

The News & What it Means – Friday’s USDA Report is Important but so is the Bigger Picture!

By John DePutter – August 8, 2018

 

The news:

USDA report expected to make or break the markets

If you are reading the news in our morning reports, you’ll know most analysts and market-watchers are expecting the Aug. 10 USDA report to bump up its yield estimates for corn and soybeans.

 

In its monthly supply-demand reports of the past three months, the US government has been projecting an average corn yield of 174 bu/acre and an average soybean yield of 48.5 bu/acre. These projected yields are based on calculations taken from previous years with an adjustment factor for a rising yield trend.

 

Importantly, the Aug. 10 report will be different: it will be based on surveys and field-gathered data. A lot of predictions are circulating about what it will say.

The News & What it Means – Trade War or Not, Soybean Consumption Likely to Hold Up

By John DePutter & Dave Milne – June 26, 2018

 

The news:

“Traders blame much of the recent steep decline in prices for soybeans and corn on the intensifying trade quarrel between the US and China. They’re right, but it’s a dispute that may eventually feed still more demand for these crops.”

– MarketWatch, June 23, 2018