and world supply and consumption forecast on May 11 as supportive for corn, soybeans, and wheat price prospects, said a University of Illinois Extension marketing specialist. The projection this year is about two bushels less than expected by the market, but is about 1.5 bushels above a projection based on the simple linear trend from 1960 through 2006. Based on March planting intentions, a forecast of acreage harvested for grain, and the trend yield calculation, the 2007 crop is projected...

Are soy products healthy additions to a person's diet, safe alternatives to hormone-replacement therapy or cancer-causing agents? The answer, according to University of Illinois food science and human nutrition professor William Helferich, is, "It depends. Are soy products healthy additions to a person's diet, safe alternatives to hormone-replacement therapy or cancer-causing agents? The answer, according to University of Illinois food science and human nutrition professor William...

Corn prices also followed soybeans higher, in response to tight cash supplies. Relatively strong export demand, reduced plantings, dry weather and hopes for a future biodiesel boom sent July soybeans futures 30 cents a bushel higher at the Chicago Board of Trade this week, hoisting national average cash prices to their loftiest level since late February. Relatively strong export demand, reduced plantings, dry weather and hopes for a future biodiesel boom sent July soybeans futures 30 cents...

Biodiesel is made primarily from soybean oil, and the price of soybeans is up as farmers put more and more land into production of corn, the more lucrative crop of the two. And that shift, from corn to soybeans, pushes up the price of soybeans further, making biodiesel production even dicier. A new study by economists at Iowa State University suggests the biodiesel market won't grow substantially unless the government requires its usage or adds more subsidies. As the price of soybeans for...

The huge drop in stock figures confirmed that the 2007 soybean crop would be lower with farmers planting more corn acres this spring and less soybeans. USDA s latest soybean planting report indicated that 32% of the US soybean crop has been planted compared to its 5-year average of 31% and higher than the earlier trade expectation of 25% to 30% Clear weather in the Midwest over the next two weeks would enable farmers to plant most of the acreage intended for corn and that would translated...