Despite large supplies, the market has to bid up soybeans to make sure enough acres are planted to the oilseed. Soybean export sales for the 2007 marketing year have reached 62 percent of USDA's forecast, as compared with 68 percent on average for the last five years. Soybeans remain the miracle crop - both in terms of variety of uses and in the commodity's ability to maintain good prices. Soybean meal has been under pressure as South America continues with soybean harvest and begins to...

Cargill opened the $20 million port three years ago to cash in on the rising global demand for soybeans, which had become Brazil's richest agricultural export. Despite environmentalists who say the port encourages destruction of the rain forest by making it easier for soy farmers, loggers and ranchers to get their products to market, Cargill reopened its deep-water Amazon River port. Cargill ships 1 million metric tons of soybeans each year from Santarem, 1,550 miles northwest of Rio de...

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A warm winter followed by a cold spring has devastated Kentucky's winter wheat crop and could cost the state's grain farmers $45 million or more in lost revenues. Kentucky farmers had about 300,000 acres planted in wheat this year, Herbek said, compared with 1.3 million acres each of soybeans and corn. Unseasonably warm weather coaxed the grain out of its winter dormancy earlier than usual and left the tender new leaves vulnerable to last week's cold. Halcomb estimated the damage will cost...

Soybean leaves show various amounts of soybean rust. Experts say the recent confirmation of soybean rust in Iowa in 2006 should serve as a reminder that the fungus can happen in Iowa. On March 8, he says an independent crop consultant brought in two baggies, one containing seeds and pods and one with parts of a dead soybean leaf. While experts were able to confirm rust on the soybean leaves when they were dead, Tylka says it is more important to look for signs of the disease earlier. After...