The rally in soybean prices was a big help in moving corn off limit-down levels but the price activity in December corn was also a big factor, Kleist said. Selling eased after midsession, when soybean futures and soybean meal rallied. Market Watch Online email. In addition, the corn crop isn t in the ground and in many areas farmers can t get into their fields to prepare the ground for planting, and given the fact that farmers are expected to plant 90 million acres this year, time is of...

THE Chicago Board of Trade soybean oil futures prices closed the week slightly lower after surrendering all of the earlier rebound gains triggered by the recovery in corn and soybean prices. Higher March exports provided the market with some positive impetus. US corn planting is usually done from early April to mid May to obtain maximum yields, whereas soybean can be seeded after mid-May and still provide an excellent yield. Traders said US farmers might switch some of their corn acreage...

Vanishing cropland and diminishing water supplies are hampering China's ability to feed itself, and the increasing use of farmland in the United States to produce biofuels such as ethanol is pushing China to seek more of its agricultural staples from South America, where land is still cheap and plentiful. Plagued by scarce water supplies, China is turning to a new trading partner 15,000 miles away -- Brazil -- to supply more protein-packed beans essential to a richer diet. Vanishing...

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According to Michigan State University (MSU) Extension educator and Soybean 2010 coordinator Mike Staton, if soil conditions are favorable and producers manage the crop carefully, soybeans planted during the last week of April can perform as well as beans planted during the first week of May. According to Michigan State University (MSU) Extension educator and Soybean 2010 coordinator Mike Staton, if soil conditions are favorable and producers manage the crop carefully, soybeans planted...